The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.
U.S. stock market loses $5 trillion in value in three weeks
https://www.cnbc.com/2025/03/14/us-stock-market-loses-5-trillion-in-value-in-three-weeks.html
7 Comments
PortoPeople@lemm.ee · 40 pts · 1y
I was told Republicans are better for the economy than Democrats though.
Jaderick@lemmy.world · 36 pts · 1y
Conservatives will confidently tell you a nail is a screw, even having never picked up a toolbox in their life. When you ask too many questions they’ll start screaming nonsense or gaslight you.
Their words mean nothing.
sittinonatoilet@sopuli.xyz · 5 pts · 1y
It’s true, unless you read wokepedia
https://en.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party
GrumpyDuckling@sh.itjust.works · 24 pts · 1y
Investors pulling out cash so they can buy up everything during the recession.
DogPeePoo@lemm.ee · 12 pts · 1y
Exactly. This shit is by design.
frustrated_phagocytosis@fedia.io · 8 pts · 1y
Funny that we're not seeing mass layoffs on Wall Street despite all of this. Losing this much value in a month still leaves brokers with viable business? It's weird.
Fingolfinz@lemmy.world · 4 pts · 1y
ZugZugDaBou@sh.itjust.works · 3 pts · 1y
This seems to concede with something else that happen 3 weeks ago..