US stock market loses $5 trillion in value as Trump plows ahead on tariffs
US stock market loses $5 trillion in value as Trump plows ahead on tariffs
www.straitstimes.com US stock market loses $5 trillion in value as Trump plows ahead on tariffs
The S&P 500 closed down 8.6% from its Feb 19 record high, shedding over $5 trillion in market value since then. Read more at straitstimes.com.
NEW YORK - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out US$4 trillion (S$5.3 trillion) from the S&P 500’s peak last month, when Wall Street was cheering much of Mr Trump’s agenda.
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1 - Gloating
2 - Hubris
3 - Denial <-------We're somewhere about here, depending on the individual's MAGA level
4 - Doubt
5 - Leopards ate my face
🤗
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