All three major US stock indices reached all time highs after The Bully was elected for a 2nd term. Now that The Bully has started his irrational trade war with the world, let's see how the markets have responded as of market close on Thursday April 3, 2025:
-18.1% - NASDAQ
-12.2% - S&P 500
-10.0% -DJIA
I don't know how many trillions of dollars Americans have lost in the stock markets since The Bully started his trade war, but it has to be substantial.
All three markets are now in correction territory, which is defined as a drop greater than 10%. The NASDAQ is perilously close to being in a bear market, which is defined as a drop of greater than 20%.
-18.1% - NASDAQ
-12.2% - S&P 500
-10.0% -DJIA
I don't know how many trillions of dollars Americans have lost in the stock markets since The Bully started his trade war, but it has to be substantial.
All three markets are now in correction territory, which is defined as a drop greater than 10%. The NASDAQ is perilously close to being in a bear market, which is defined as a drop of greater than 20%.
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