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141

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

submitted 5 months ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] MantisToboggon@lazysoci.al 38 points 5 months ago

Man what dumbass was running shit then??

[–] baldingpudenda@lemmy.world 37 points 5 months ago

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

[–] sin_free_for_00_days@sopuli.xyz 18 points 5 months 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 5 months 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 5 months ago

Yeah, that wouldn't surprise me.

[–] 1984@lemmy.today 3 points 5 months ago

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

[–] Viking_Hippie@lemmy.dbzer0.com 3 points 5 months 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 5 months ago

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