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138

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

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

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[–] Ascrod@midwest.social 2 points 13 hours ago

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

[–] baldingpudenda@lemmy.world 37 points 1 day ago

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

[–] MantisToboggon@lazysoci.al 38 points 1 day ago

Man what dumbass was running shit then??

[–] sin_free_for_00_days@sopuli.xyz 18 points 1 day 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 4 points 1 day ago (1 children)

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

[–] sin_free_for_00_days@sopuli.xyz 1 points 53 minutes ago

Yeah, that wouldn't surprise me.

[–] Viking_Hippie@lemmy.dbzer0.com 3 points 1 day 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?

[–] 1984 3 points 1 day ago

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