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.
Lets hope this leads to Republicans loosing for 60 years like last time :3
Putin will be pleased.
…and his other buddy, Xi.
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?
Let’s see if he can make that number $111 Trillion lost by the end of May 2025.
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.
I expect Musk to become the first trillionaire from all of this. Thing is, that trillion will be worth $100 Euros or any other form of currency that isn’t attached to America.
May the money pit that Musk stands on, suck him in like a bog.
Trillionaires already exist. They’re just all in Zimbabwe.
We’re sick of this winning!
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.
i understand that, but do you understand what i’m saying?
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
so the chainsaw worked!
The top 10% wealthiest Americans own over 90% of stocks…
I do feel bad for the people who left their 401k in the market instead of government securities. trump has been saying he’d do this dumb shit since the campaign.
Not exactly sure how one is supposed to transfer one’s 401k to government securities on such a short timescale…
Trump was elected in November. I had every cent moved out of US stocks by mid December. My tax burden is already less than what I would have lost if I kept them money where it was.
There was plenty of time if you were paying attention. If you didn’t move your money, unfortunately, that’s on you.
Edit: SPY puts with 20%. The 40% bonds. 30% forex. 10% cash. But what the fuck do I know. I didn’t make any money and you all know exactly what you’re talking about and I’m full of shit.
It’s a 401k. I can’t move my money out of it without taking a tax penalty.
Look up the video on investing at market peaks.
Yes there is a tax penalty. as I said in the original comment.
However, that tax is less than the amount lost since December. As I said in the original comment.
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I’m not familiar with 401K as I’m not from the US but do you really lose anything when the market dips? Because I don’t think you do unless you start selling at a loss. If you’re not planning on retiring in few years this shouldn’t affect you in any way.
It’s the same as any other non-liquid asset. Sure, you could argue that the value dropping is only a loss if you sell during the dip, but you’re still better off if you can sell before it happens.
I don’t really see how you’re “better off” unless you then go and buy the dip too. If your retirement is decades ahead then simply holding and buying is what will very likely be the best bet on a long term. Historically speaking so far this has been the case. Reacting to short term events is how people lose their savings on the stock market.
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No it is not. Tax rate is ~20-30%. Market has dropped 10% since November. What is this batshit advice?
especially if you are not qualified to retire for 2 more decades
Just move it to stuff that guarantees 40% plus. 2ez. git gud. /s
So your 401k is just a single fund and that’s it?
That sucks bro
Bro he literally said the tax penalty is less than his loss
L2Read.
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I don’t understand then, are they just bilking each other?
If the billionaires are buying en masse to profit off this, someone is selling. If billionaires own the majority…they’re…selling to each other and losing?
A potential explanation is this is the Russian fall of communism / transition to oligarchy moment, where regular people will get rid of the “worthless” stocks fearing no bottom, and the top 1% will buy them for pennies on the dollar.
What if you short the market?
Putting a lot of money into shorts (money you can barrow mind you), is essentially massively selling stocks you don’t have with the promise of buying them back later.
If a lot of rich people do this, it will trigger a panic sell, get the price low, they buy back the “barrows stocks” at cheaper rate and now they have profit and some people have sold, so the stock is lower.
They can now buy more stocks and we’re back to the first step but with the rich having a higher share than before cause of the panic sellers.
But bitcoin is going to…oh.
Oh well, at least gold is… Oh.
GME to the moon!
I wonder if we’ll get another high return iBond this year
So much winning!
Are we winning yet?
Is America great again yet?
Nope, but someone believes there’s a plan 🤔
https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/
That seemed like rambling wheels within wheels nonsense.
🤡🤡🤡
This dude is convinced Trump has a grand plan and is a master negotiator.
That’s a lot of words to say Americans should expect a rapid decline in their standards of living so we can drive down the price of our own labor due to people being desperate.
Is this the red wave?
Certainly there’s bleeding
At least there’s no genocide in Palestine, right?
Right?
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Seethe, troll.
What
I mean, to be fair, most of the genocide already happened before election day under Biden, but yes, there will definitely be more as long as the AIPAC bribes keep flowing-- and no one is talking about shutting those down. I believe the last person (JFK) to try to deal with this by relisting AIPAC as a foreign agency was assassinated shortly afterward. RFK also tried and he was also killed.
Which is nothing but a coincidence I’m sure, the zionists would never do something like that. And christians in the US are close friends and allies of Israelis, right.
So… “to be fair” what you’re claiming, is that there’s little genocide left for Trump to commit, and then- a bunch of conspiracy theories.
It’s a damn good thing you people argue so diligently on the side of reality. It really helps drive that batshit insane ideology of yours home.
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Trump could open the doors of hell and it would still be no excuse for having voted for evil.
Do you view “evil” as a binary value or a numerical value that can be counted?
So… “to be fair” what you’re claiming, is that there’s little genocide left for Trump to commit
Thats a good demonstration of strawmanning. Putting up a contrived BS argument then knocking it down. Come on, can’t you do better than that?
Thats just lazy.I’m not the one that said it. The onus is on you to state your point in a way that makes sense. And what you said, is that:
“most of the genocide already happened before election day under Biden.”
If you want to make a straw man by accusing me of making a straw man, be my guest. But that won’t change the original argument, nor will it change the fact that it seems others agree with me on this.
I literally quoted you, and you did not quote me. So now you’re just lying. Time for a username block.
Literal quote….
“I mean, most of the genocide already happened before election day under Biden.”
- you literally said this. But if it helps to use a more direct and unequivocal approach:
If you are confused by what you’re seeing, that is a screenshot of your actual words.
And- blocked or not, I think this needed to be said so that anyone unfortunate enough to have to interact with you, might come across this conversion in an attempt to make sense of… you,
…and it helps illustrate to them exactly what they’re dealing with.
already happened
Watching the ‘genocide Joe’ crowd cope with the fact they supported the turbo genocide candidate will never not be funny to me (In the grim irony kind of way).
I’m not sure why you refuse to hold him and his administration accountable. Genocide Joe is an apt name for someone that chose to give more importance to genocide then he did to representing his voters and this country in general.
They sabotaged their own election so Israel can break child death records. He could have simply told Israel to fuck off. I’d rather blame them then normal people that felt conflicted about genocide of all things.
Holding them accountable is also the only way we get real change.
Holding them accountable is also the only way we get real change
Helping to elect the opponent who even more enthusiastically supports genocide does less than nothing to hold anyone accountable.
The genocide Joe crowd think the Israel/Palestine war started October 2023. They aren’t very smart.
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Yeah, god they’re so full of shit.
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Come do it fucko. I think you will find it difficult.
I’m always a bit fascinated that theres so few of us that see it this way. The killings definitely happened, the US definitely helped. Seems pretty factual. And yet the pushback on these facts with the US crowd is extreme and seemingly very emotional for the pro zionist crowd-- which is not in line with what the rest of the world thinks.
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I mean no disrespect, because we are writing sentences that we never intended to write, but Jesus Christ, “most of the genocide already happened (…) under Biden”. It’s utterly depressing. I’m really disappointed that American citizens worked very hard for this to happen, but it feels also like a consequence of something bigger, as if there was a bipartisan dictatorship or something even deeper, in which parties are just knights or bishops.
Israeli secret service soft-couping the US by straight up killing any official that does not match their views?
Trump is golfing while a man he admits is innocent is in an El Salvador prison
