Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.
Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.
Let’s see if he can make that number $111 Trillion lost by the end of May 2025.
Can someone explain the tangible effects of this?
You’re all going to be poorer.
This doesn’t explain anything. To do that you would have to say why.
You say that as if it won’t likely affect you as well. Even if you’re not American, the next decade will be worse financialy than the last. There are probably some exceptions, but not many.
I’d be fine with that if it was for some grand project, like reversing climate change or wiping out global poverty, but it’s not.
Companies are going to lay off loads of people and close any department that costs too much just to increase the stock price again. For investors stock price is everything and they don’t care much about consequences.
USA stock market crashing means the dollar is getting less worth compared to other currencies, so anything imported gets more expensive in the USA, what is most items. Things getting more expensive means less people buying stuff, less economic activity so more layoffs.
All those layoffs means people can’t pay back there debt. Trump doesn’t care about people in debt and somehow makes it worse. Banks get in trouble. Trump cares about banks and big businesses so they get bailed out. Taxes on everybody else increases to pay for bailouts.
To distract from all this, Trump starts challenging China and it leads to war. Marshall law is called and Trump starts funneling more money to the military making things even worse.
Wait for the orange to be almost out the door and buy stock
I’m 41 years old, I’ll be 42 in a few weeks, I’m getting really tired of living through these “once in a lifetime events” every 24-48hrs.
Total sidebar: You should re-read The Hitchhiker’s Guide to the Galaxy when you turn 42!
That’s what I did. Now I’ll never forget the last time I read the series.
I’ll have to do that thanks.
As a 45yo, I agree.
Yeppp. Also makes me really distrust mainstream economists, because somehow these crashes always come as a surprise.
Like what we’re doing is not working. We need to try something else
You assume that educated people are making the final decision, when that has not been the case in at least 60 years.
Economists can scream from the roof-tops that the wealth-gap is harmful (they have), that ignoring science is regressive (they have), and that tariffs are fucking stupid (they have). But if the people in power (i.e CEO, Lobbyists, President) simply ignore them and do stupid shit anyway, it’s all pointless.
Moral of the story, this is not on the economists. This is on the stupid being in positions of power and the ignorant masses not holding them accountable.
Mainstream economists have been predicting this for nearly a year. It’s a surprise to almost no one.
Oh i guess that’s true. I’m not sure what my point was. I guess political/party economists? But maybe they’re not informed by actual economists.
It seems like there is a disconnect between what I hear politicians talking about vis what the journals say
Trump doesn’t have a team of reputable economists guiding his policies.
He’s just making decisions based on the vibe.
What does this have to do with any economist? Are they supposed to be able to predict a cheeto imposing absurd global tarriffs? “Once in a lifetime” is just an expression the media likes to use.
What tells you that this isn’t working? Seems to be working as intended. You mis-assumed that this administration gives a flying fuck about anyone worth less than $1 billion.
I meant for melol
We’re entering Once in a Lifetime Recession #5. Buckle up folks. The feds up shits creek and has been since COVID, so no cash bailouts are coming anytime soon. This should be a fun one!
Turns out a lifetime is only about 20 years.
Try 8. We’re getting closer to “a few weeks” now.
So much winning!
Lets hope this leads to Republicans loosing for 60 years like last time :3
Its liberation day!
You mean libation day, right?
ಠ_ಠ
You mean libation day, right?
Lobotomy Day!
The best you’ve ever had!
The US stock market has been liberated of 11 trillion dollars and counting.
What a party, what a party.
“Drill, baby, drill”
Stock market: “To the
mooooooncooooooooore!”
Curious how does that stack up historically with the largest drops in history percentage-wise?
I checked out the investopedia article:
- The Dow had its sixth-worst week of the 21st century; it fell 7.9% over the week and 9.3% in the last two days.
- The Dow shed 2,231 points on Friday, its third-largest one-day point decline on record.
- The Nasdaq Composite has dropped 11.4% since Trump’s tariff announcement, also its worst 2-day stretch since March 2020.
Of some note is that the market was only allowed to tumble for two of those five days following the announcement of the tariffs. That almost assuredly makes a difference here.
Can’t wait for next week lmao
Absolute numbers like bullet 2 aren’t super useful. The DJIA wasn’t even at 2000 until sometime in the 80s.
To be selfish at this time, if I had 40k sitting in cash, do I have a chance to make good on this? Or are things too unstable to invest as just a dumb guy with some cash?
Go woke go broke? Seems like when you go conservative you get absolutely ripped.
It was projection once again. It turns out being anti-woke is indeed the path to poverty
I know your right in saying people vote like Trump was the conservative, but Harris was really the conservative. Trump was the populist autocratic. thinking the GOP is the conservative party is crazy to me. They haven’t been in a long ass time. You want status quo and security for your money and livelyhood? Don’t vote for the populist who has ‘‘ideas’’ about how the country should REALLY be ran.
That’s how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imparts. All the other autocrat or populist that instantly rammed a country into the ground also had a cult that made them entirely delusional.
That’s how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imports.
This really is exactly what trump is doing. He’s slinging tariffs around like that will spur US industries (and as a petty attempt at being a strongman) and farming but giving those industries zero lead time, and on top of that, the tariffs he imposed are going to affect all of the materials and machinery those industries would need to ramp up their production. And on true insulated tyrant fashion he just makes a declaration and then it’s everyone else’s problem to deal with.
Dude’s a fucking idiot.
Amen you right. America is so far right wing, thats why any small help for the common worker or man they all scream socialism or communism.
Come on now a couple billionaires are going to make tons of money
Which billionaire is making money? Look at the stock market and look how much these big companies lost.
Lose 75 out of a 100 billion? Still plenty of money to consolidate failing businesses and buy real estate for cheap.
Can’t afford it? Too big to fail, government loans and bailouts.
This has happened before and the wealthy just get more in the end.
go fasch lose cash
A bunch of wallets just got the bigot spigot
How does this compare to 2008?
28 September 2007 S&P 500 was $1526 per share
27 February 2009 it was $735
31 January 2025 it was $6040
Today it is $5074
Ok, so 2008 was a 52% loss in almost a year and a half.
Right now it’s only a 16% loss in a little over 2 months.
Someone far smarter than I am could maybe figure out the monthly decline percentage and compare 2008 losses vs now. Don’t get me wrong, it’s a shitload of money, but it doesn’t look like the stock market is anywhere close to reaching 2008 levels of loss…yet.
Roughly
3.05% per month in 2008
7.75% per month today but the time period is much smaller
Ahhh so this is even worse than I thought because we haven’t even seen the effects of the tariffs yet and probably won’t for a while.
Too. Much. Winning.
We will see how bad it will actually become and if it can match 2008 levels.
What were the first few months like in 08? I was only 13 and already in poverty so I honestly never noticed
In my experience I was in the middle of a transition at work. A company was buying the contract of all the other contract companies and the way they did it was shady as hell. We had to sign new contract agreements and had I not signed the agreement I most likely wouldn’t have been able to file unemployment and finding a job would have been impossible.
I stayed in that job way too long because of fear and the devil you know vs the devil you don’t. I worked at that job and company for almost 10 more years because I liked my immediate boss but despised the bullshit the company was doing. It was not good for my mental health.
Had 2008 not happened, there was no way I was signing that new contract. Many people didn’t and struggled for a bit finding new jobs. My mental health most likely would have been better. But hindsight is 20/20
It’s going great!
Oh, is it tee time already?
so weird to be cheering for our own demise, but is it really our own demise? i don’t own stocks. do you? and where does 11 trillion actually go? to another country’s market? fiat currency is so weird. it’s almost as if it’s all just smoke and mirrors that don’t actually reflect reality. did anything physically change since dumptwat announced tariffs? capitalism just seems like a giant lie divorced from reality. let’s burn it all down.
The value went away, not actual money. Say you own a pair of Jordan’s original shoes worn playing for the bulls, and he shows up drunk on a tv show and spends an hour crapping all over the bulls. You still own the shoes, but they will be worth less if you try to sell them.
but they’re still shoes, and if you bought them for anything more than being shoes, doesn’t that seem divorced from reality?
Their point isn’t about shoes. It’s about how a thing can change in value.
In terms of where the money foes its quite easily. The majority will just evaporate. A lot of people and company’s may shift their invested money to European (or somewhere else) companys whichay rise a bit in value, but the majority of the money is just gone. The value of a company is a mix of how profitable they are and a lot of how much people think a company will be profitable in the future and therefore are investing into it (its like the typical production and demand thing. If more people want to buy something it rises in value).
where the money foes its quite easily. The majority will just evaporate.
the thing that didn’t exist in the first place evaporated. that doesn’t sound weird to you?
also “how much people think a company will be profitable”… you just described a confidence game and gambling.
It is like you said. Its artificial value. Its value generated, by how much people are willing to pay for a share of it. And as you rightfully realised, its basically gambling. You can make predictions based on the current trend (what ever trend it may be),but its still gambling.
Do you have a 401k?
Yeah, but I moved 90% of it to stable bonds in Inauguration Day.
Never fear, those will be worthless once he finishes crashing it all.
No actually. My job doesn’t offer one. Many people either are in the same position where their job doesn’t offer retirement benefits or they’re not paying into it because they need every last cent they can spare.
lol no
Turns out the thing about people not having 500 USD in their accounts was real after all
People are just realizing that they were not cooked, just merely marinating
Wow, $11 trillion is a lot. Really puts the $36 trillion sitting liquid in offshore tax havens into perspective (yet seems to be missing from every conversation about money.)
The problem is that it is legal (in a gray legal sort of way), and the people in power only lose if they fix it. So we can only talk about it.
Perhaps it’s high time to go beyond talking about it.
Such as?
Take a guess, surely your imagination isn’t limited to just “talking about it”. Perhaps maybe fighting for it? Like we did with women’s rights, slavery, racial discrimination, workers having weekends, they all changed from people talking about it AND fighting for it.
Stock market always fluctuates at big changes. Bigger the changes – bigger the fluctuation. There isn’t much sense of checking that fluctuation every few hours. Wait a few months at least. And that situation would be interesting.
Wow you’re full of shit.
More like Lobotomizedbot_001
The thing is that in the past our government wasn’t intentionally doing irreparable harm to our economy by giving nearly every trading partner we have the middle finger.
Maybe the markets will recover, but we might be looking at a situation similar to the great depression, especially if people start making bank runs.
I don’t know if people will hit the banks.
Back on black Tuesday, most things were bought with cash.
Now everyone either uses debit or credit. I don’t think there will be the big of a demand for cash unless one of the big banks says it has run out.
I do think that the credit market might implode within 6 months, as many Americans will probably forgo paying their debt to buy food for the week, and the credit companies will not have the capacity to squeeze blood from that many stones at once.
If consumer credit crashes, then the consumer economy essentially collapses, as a huge chunk of the population essentially lives on a knife edge between their bank balance and credit limits.
I give it at least a month before this all really starts to go tits up.
Anyway, I’m gonna go buy some waterproof storage bins and about 500 pounds of rice and beans tomorrow, just because that’s my new hobby.
Soak the beans, separate them into meal portions, and freeze them. Kills any pests that would eat your beans, and they will be ready to cook.
A liter of honey has about 3000 calories and can be stored for a very long time. Peanuts are high in protein and calories and easy to store for emergencies.
A very long time being essentially forever right? Didn’t archaeologists find 2000 - 3000 year old honey in a tomb that was still good to eat?
Honey and bees wax are amazing. Honey is very high in sugar, yet mold and other fungus doesn’t grow in it. Hollow trees, where bees like to nest, is also a common place to find fungus growing but not in a beehive.
That’s just because sugar is a preservative.
Yeast must not have gotten that news.
Ask the economists if restricting trade will lower gdp or not. I have a tiny suspicion this isn’t a “fluctuation”.
We do have evidence of the way this is almost guaranteed to go, however. There have been 2 other times in US history where the government has enacted massive tariffs on international trade: in 1828 and in 1930. The results of both times were the worst economic depressions the country has ever faced, and the world in the second case. The economy only recovered the second time thanks to the planned wartime economy, lend-lease program, and post-war rebuilding which cemented the dollar as the international currency, and the consequences of the tariffs were that the party responsible for them didn’t hold power again for 60 years.
TIL 2000 and 2008 were just fluctuations due to big changes.
Stock market peaked 19 feb, 1.5 months ago. It has lost 17% since then.
That’s an awfully long and persistent fluctuation.
Annual average growth of the stock market is around 7%. That means some years it might be +21% and the next year -5%. Now we’re about 2% on the negative from a year ago. That’s not great but it’s not catastrophic either. I bet that in few years this particular dip is just one of the many and it’ll barely even register on the graph.
Your prediction is based on this being a drop based on normal market fluctuations, but that’s not what this is. This drop is based on just the NEWS of tariffs that ALL economists recognize will be disastrous. Wait until the tariffs are actually in place, prices rise steeply, spending plunges, and the ripple effect moves across the entire global economy. That 17% drop won’t be some random sawtooth on a chart, it will be the first dip in a steady long-term downward trend.
