- cross-posted to:
- progressivepolitics
- cross-posted to:
- progressivepolitics
The stock market plummeted after President Donald Trump confirmed tariffs on Canada and Mexico would go into effect at midnight.
The S&P 500 fell 1.8 percent, marking its worst day since December, the Dow Jones Industrial Index lost 1.5 percent and the tech-heavy Nasdaq was down 2.6 percent at market close.
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He isn’t good for the economy even if that means the stock market.
Having said that, high volatility usually favours the rich so still on brand.
With the stock market down 1.8%, I don’t know how he can remain president for much longer
lol yeah
If 1.8 is a ‘Tank’, what will they call steeper drops?
I can heal the tank but Im out of mana
Votekick
Stock market blips:
Lemmy: “HA HA! GOING DOWN MUTHAFUCKER!”
Same with the Tesla stock blipping up and down. Some y’all got the political and economic sophistication of sophomores.
More to the point, you’re exactly like conservatives, believing anything social media serves you, upvoting BS that aligns with your beliefs.
The real story here is the lack of hit on the market. I’m surprised the tariff news didn’t hit far harder.
