The Dow got crushed on Monday, dropping nearly 1,000 points as traders scrambled through a selloff that's dragging the index toward the worst April since 1932, according to Dow Jones Market Data.
"The Dow Jones Industrial Average dropped around 972 points, and is on pace for its worst April since 1932." www.wsj.com/finance/stoc ...
-- MaddowBlog (@maddowblog.msnbc.com) April 21, 2025 at 9:18 PM
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"Um even you can look at what the market is doing."
The market is reacting to Trump surrendering to China on Tariffs.
Trump tariffs live updates: White House considers slashing China tariffs after Trump hints at deescalation
finance.yahoo.com
Stock market today: Dow, S&P 500, Nasdaq soar as Trump softens stance on Powell, China tariffs
finance.yahoo.com
The main problem with trade deficits arises when they result in a very large international debt position
2012books.lardbucket.org
policy-and-theory-of-international-economics
By the late 1980s, the United States achieved the status of the largest debtor nation in the world.
-The trade deficit, when not financed as debt, is offset by foreign equity purchases, which I say is much worse.
We're selling off the instruments of wealth production to finance the trade imbalance. We're selling off our farmland to foreigners, how smart is that?
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