MAGA: Make Markets Awful Again? Trump Delivers Historic Market Losses
- Compared to the last three presidencies, Trump’s second term saw a drop of nearly 20% in stock market performance
- From inauguration day and onwards, S&P 500 has declined by approximately 15.6%
- Since April 2, a loss of over $6.6 trillion in market value has been reported
Scott Melker, a well-known crypto investor and enthusiast, shared Bloomberg’s chart comparing stock market returns in the first 250 days of four US presidencies. It shows Trump’s current second term with the worst showing—down nearly 20%. By contrast, Obama’s and Biden’s presidencies, along with Trump’s first term, had gains of up to 20%.
For instance, since the inauguration day on January 20, the S&P 500 has declined by approximately 15.6%, marking the most substantial downturn in the early months of a presidency since 2001.
How April’s Aggressive Tariff Rollout Triggered a $6.6 Trillion Sell-Off
Naturally, the main cause for this is the current administration’s hardline trade policies. The announcement of sweeping tariffs on April 2 initiated a global market sell-off, erasing an astronomical amount of money.
In two days, the Dow lost >4000 points (~9.5%), the S&P 500 …
The post MAGA: Make Markets Awful Again? Trump Delivers Historic Market Losses appeared first on Coin Edition.
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MAGA: Make Markets Awful Again? Trump Delivers Historic Market Losses
- Compared to the last three presidencies, Trump’s second term saw a drop of nearly 20% in stock market performance
- From inauguration day and onwards, S&P 500 has declined by approximately 15.6%
- Since April 2, a loss of over $6.6 trillion in market value has been reported
Scott Melker, a well-known crypto investor and enthusiast, shared Bloomberg’s chart comparing stock market returns in the first 250 days of four US presidencies. It shows Trump’s current second term with the worst showing—down nearly 20%. By contrast, Obama’s and Biden’s presidencies, along with Trump’s first term, had gains of up to 20%.
For instance, since the inauguration day on January 20, the S&P 500 has declined by approximately 15.6%, marking the most substantial downturn in the early months of a presidency since 2001.
How April’s Aggressive Tariff Rollout Triggered a $6.6 Trillion Sell-Off
Naturally, the main cause for this is the current administration’s hardline trade policies. The announcement of sweeping tariffs on April 2 initiated a global market sell-off, erasing an astronomical amount of money.
In two days, the Dow lost >4000 points (~9.5%), the S&P 500 …
The post MAGA: Make Markets Awful Again? Trump Delivers Historic Market Losses appeared first on Coin Edition.
Read More
Bitcoin Emerges as ‘Safe’ Asset Thanks to Trump Tariffs and Recession Fears