Summary
The S&P 500 dropped 6.4% in the first 50 trading days of Trump’s second term, marking the third-worst presidential market start since 1950.
Only Nixon and George W. Bush saw steeper early declines.
Analysts blame uncertainty around Trump’s aggressive tariff agenda, which includes a 25% steel and aluminum tariff already in effect and new levies.
China and Canada have retaliated with tariffs of their own. Experts caution markets haven’t fully priced in the economic risks of escalating trade tensions.
eran_morad@lemmy.world 1 day ago
All of this was pointed out as an overwhelmingly probable outcome. Republicans are dumber than dogshit.
1984@lemmy.today 1 day ago
I dont know, the entire us populations iq seems to have went off a sharp rock. Nobody cares about anything anymore except tiktok shit.