Summary
Despite Trump’s 2024 warnings of a market crash under Biden, the S&P 500 is experiencing its worst start to a presidential term in modern history under him, dropping ~15% since Inauguration Day.
This plunge, largely attributed to Trump’s aggressive tariff policies announced post-election (“Liberation Day”), is pushing the market toward bear territory faster than any predecessor since 1957.
The Nasdaq is already in a bear market, and economists increasingly warn the tariffs could trigger a recession impacting widespread stock ownership.
If anyone was expecting anything different then they’re a delusional fuckwit
I knew he’d fuck it up, but i really did not expect it to be this quickly. He is the most massive fuck up of a human I’ve ever seen. Everything he does defies all common sense and reason. And still people follow him to Hell.
That band has some bangers
Fitting for the worst president in modern history.
So far
Ugh, yeah, that’s true. I’m optimistic that it’ll die with him because I figure no one else could possibly be this shitty, but he’s probably just opening the door for someone who will do more damage.
Can we revert to another save now?
We could, but it was deleted by DOGE to reduce storage costs.
I luurve how they cherry pick this. Yeah modern history sure, but what about ancient history!?
You forgot your /s. People seem to be thinking you are serious.
I trust people on Lemmy to get the sarcasm more than I would on other forums.
You’re going to earn “world’s fucking stupidest people who’ve ever existed” pretty soon, be patient. Give your boy another week.
Ok so one guy on Lemmy needs the /s !
It’s a percentage, some folks can’t tell or are not paying attention/watching for sarcasm.
