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.

1 point

To be selfish at this time, if I had 40k sitting in cash, do I have a chance to make good on this? Or are things too unstable to invest as just a dumb guy with some cash?

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11 points
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2 points
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Nah dude, there’s more to it.

Step 1: already have a fortune put away in the US stock market.

Step 2: promise a business friendly environment after the election

Step 3: get elected

Step 4: sell off your stocks while confidence is high and market is on the up

Step 5a: put all your money on shorting index funds with the highest possible leverage

Step 5b: impose tarrifs

Step 6: use aggressive foreign policy to prevent foreign buyers from acquiring a share of the now discounted US economy.

Step 7a: settle short positions get infinite money (Trump will have leverage that us plebs cannot comprehend)

Step 7b: stabilise economy

Step 8: use infinite money to buy significant chunks of the US economy

Once all steps are complete trump is king in all but name even after he leaves office.

As much as if hate to admit it, the orange clown has pulled a massive big brain play. It’s terrifying what he could be planning next.

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9 points

Amazing how every time the Republicans get majority control of things the markets go to shit. The faster they work to dismantle what democratic control of something exists the faster it falls apart.

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13 points
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Just wait until the markets open on Monday…

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4 points

I wonder if they’ll pause the markets.

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7 points

It’s a rule hard baked into the NYSE that trading is paused for at least 15 minutes if it drops 7% in a single day. It is paused again for at least 15 minutes if it drops 13%, and then trading is ended for the day if it drops 20%.

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7 points

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.

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2 points

Trillionaires already exist. They’re just all in Zimbabwe.

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