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143

S&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump (www.nytimes.com)

submitted 1 year ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] MantisToboggon@lazysoci.al 39 points 1 year ago

Man what dumbass was running shit then??

[–] baldingpudenda@lemmy.world 38 points 1 year ago

Headline should be, s&p has worst fall since trump was last in office

[–] sin_free_for_00_days@sopuli.xyz 19 points 1 year ago (1 children)

Everyone with any education on economics or history knew this would be the result. The magat brain trust thinks they are actually smart and played themselves. Again.

[–] vga@sopuli.xyz 5 points 1 year ago (1 children)

Or they knew this was coming and shorted the shit out of everything.

[–] sin_free_for_00_days@sopuli.xyz 2 points 1 year ago

Yeah, that wouldn't surprise me.

[–] 1984@lemmy.today 3 points 1 year ago

Good sale for the Russians to buy at bottom and make tons of cash.

[–] Viking_Hippie@lemmy.dbzer0.com 3 points 1 year ago

Wtf is going on with Japan, though? Judging by the graph, their stock market is plummeting much faster! Is their current government anywhere near as maliciously incompetent as the US one?

[–] Ascrod@midwest.social 2 points 1 year ago

I think someone else coined the term "Trump Slump" but man is it just perfect.