Stock Market Has Wiped Out $9.6 Trillion Since Inauguration

Friday, April 04, 2025

Since Jan. 17, the Friday before Inauguration Day, the U.S. stock market has seen $9.6 trillion in value erased, according to data from FactSet and Dow Jones Market Data.

Posted by qcp at 06:32 PM | 24 COMMENTS | permalink

US stock market is down 10% since Trump's inauguration, the worst 10-week start under a new president since George W. Bush in 2001 during the height of the dot-com selloff.

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-- Amy Siskind (@amysiskind.bsky.social) April 3, 2025 at 4:36 PM

Comments

Quite an achievement.

I wonder what insane thing this insane man thinks he's getting for this?

#1 | Posted by Zed at 2025-04-04 12:26 PM

Stocks are down since inauguration day, but right around where it was before Trump won the election. So, I suppose Trump could rationalize market manipulation theft, claiming that he is just taking back what is rightfully his (i.e., all the value he added to the market by winning).

#2 | Posted by censored at 2025-04-04 12:28 PM

There has always been a trickle of thought and discussion regarding Trump's lack of emotional stability.

I think that there are signs that the floodgates will at last open.

#3 | Posted by Zed at 2025-04-04 12:29 PM

A trillion dollars lost here. A trillion dollars lost there.

Pretty soon we will be talking real money.

#4 | Posted by donnerboy at 2025-04-04 12:55 PM

This certainly has exceeded my initial expectations - until I heard about the incredible bozo tariff "plan." Even Trump's chart justifying the tariffs was a lie. Total lie. Embarrassingly stupid, ignorant, idiotic nonsense. Yay America!
MAGA, baby, MAGA!

Fcck me.

#5 | Posted by YAV at 2025-04-04 12:58 PM

Vlad is SO PROUD of his baby boy!

Oh, and... Thanks, Trumpers!

#6 | Posted by Corky at 2025-04-04 02:17 PM

One hour ago....

"Sell-off worsens worldwide and Dow drops 1,700 after China retaliates against Trump tariffs"

apnews.com

"... worst day since COVID."

#7 | Posted by Corky at 2025-04-04 02:24 PM

"California to Negotiate Trade With Other Countries to Bypass Trump Tariffs"

www.newsweek.com

#8 | Posted by Corky at 2025-04-04 02:26 PM

I love being a Californian.

#9 | Posted by ClownShack at 2025-04-04 02:27 PM

One hour ago....

"Sell-off worsens worldwide and Dow drops 1,700 after China retaliates against Trump tariffs"

apnews.com

"... worst day since COVID."

#7 | Posted by Corky

Still dropping...

Down over 2,000 points now

#10 | Posted by Sycophant at 2025-04-04 02:33 PM

Trump Shares TikTok Video Claiming He Is Purposefully CRASHING the Market'

www.mediaite.com

#11 | Posted by reinheitsgebot at 2025-04-04 02:35 PM

It's OK, though. He's selling Visa Gold Card Get Into America Cards.

#12 | Posted by Corky at 2025-04-04 02:36 PM

"The voice over in the clip appears to be from a crypto and finance influencer named Brian Decker, who filmed himself speaking the narration directly to the camera in mid-March.

A quick search shows, however, that Warren Buffett made no such comment in recent weeks regarding Trump.

On the contrary, Buffet " who rarely offers political commentary " told CBS News in early March that Trump's tariffs are "an act of war to some degree" and he's been hoarding cash in recent months, anticipating a market selloff."

from the link in #11

Trump is grasping for whatever fantasy excuses are out there.

It turns out that some of the most Conservative billionaires have called Trump out on this stupidity:

"A right-wing group with financial ties to Leonard Leo and the Koch network is aiming to halt Donald Trump's tariff plan."

newrepublic.com

#13 | Posted by Corky at 2025-04-04 02:43 PM

WOWSERS

#14 | Posted by LauraMohr at 2025-04-04 03:00 PM

OH... it gets worse:

"Trump reacts to tariff fallout:

It's going very well'With the markets plunging and America's allies reeling, President Donald Trump remained undeterred, defending his tariffs, arguing that this is all going according to plan.

;;
-

"Trump says it could take 2 years before tariffs result in American manufacturing boom

Trump brushed off concerns about his policies prompting markets to plunge."

abcnews.go.com

#15 | Posted by Corky at 2025-04-04 03:12 PM

Trump says it could take 2 years before tariffs result in American manufacturing boom

I don't recall him saying that during the campaign.

#16 | Posted by REDIAL at 2025-04-04 03:17 PM

Donald Trump's financial smarts should be given all the credence you'd give anyone who repeatedly went belly up in the casino business.

At least his grandpa stuck to something he knew about early on: running prostitutes in the Yukon.

#17 | Posted by Doc_Sarvis at 2025-04-04 03:22 PM

ROFLMAO!!!