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Wow, $11 trillion is a lot. Really puts the $36 trillion sitting liquid in offshore tax havens into perspective (yet seems to be missing from every conversation about money.)
Go woke go broke? Seems like when you go conservative you get absolutely ripped.
It was projection once again. It turns out being anti-woke is indeed the path to poverty
so weird to be cheering for our own demise, but is it really our own demise? i don't own stocks. do you? and where does 11 trillion actually go? to another country's market? fiat currency is so weird. it's almost as if it's all just smoke and mirrors that don't actually reflect reality. did anything physically change since dumptwat announced tariffs? capitalism just seems like a giant lie divorced from reality. let's burn it all down.
In terms of where the money foes its quite easily. The majority will just evaporate. A lot of people and company's may shift their invested money to European (or somewhere else) companys whichay rise a bit in value, but the majority of the money is just gone. The value of a company is a mix of how profitable they are and a lot of how much people think a company will be profitable in the future and therefore are investing into it (its like the typical production and demand thing. If more people want to buy something it rises in value).
where the money foes its quite easily. The majority will just evaporate.
the thing that didn't exist in the first place evaporated. that doesn't sound weird to you?
also "how much people think a company will be profitable"... you just described a confidence game and gambling.
It is like you said. Its artificial value. Its value generated, by how much people are willing to pay for a share of it. And as you rightfully realised, its basically gambling. You can make predictions based on the current trend (what ever trend it may be),but its still gambling.
It's going great!
Oh, is it tee time already?
How does this compare to 2008?
28 September 2007 S&P 500 was $1526 per share
27 February 2009 it was $735
31 January 2025 it was $6040
Today it is $5074
Ok, so 2008 was a 52% loss in almost a year and a half.
Right now it's only a 16% loss in a little over 2 months.
Someone far smarter than I am could maybe figure out the monthly decline percentage and compare 2008 losses vs now. Don't get me wrong, it's a shitload of money, but it doesn't look like the stock market is anywhere close to reaching 2008 levels of loss.....yet.
Roughly
3.05% per month in 2008
7.75% per month today but the time period is much smaller
We will see how bad it will actually become and if it can match 2008 levels.
Let's see if he can make that number $111 Trillion lost by the end of May 2025.
Putin will be pleased.
Now I know why Trump, during his rally, said people would ask him to stop winning.
Its liberation day!
"Drill, baby, drill"
Stock market: "To the ~~moooooon~~ cooooooooore!"
The US stock market has been liberated of 11 trillion dollars and counting.
What a party, what a party.