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 | 34 COMMENTS | permalink | Comment on This Entry |

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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

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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 | Reply

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 | Reply

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 | Reply

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 | Reply

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 | Reply

Vlad is SO PROUD of his baby boy!

Oh, and... Thanks, Trumpers!

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

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 | Reply

"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 | Reply

I love being a Californian.

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

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 | Reply | Newsworthy 1

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 | Reply

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 | Reply

"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 | Reply

WOWSERS

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

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 | Reply

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 | Reply

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 | Reply | Funny: 1

ROFLMAO!!!

Say anything to CYA until AFTER the 2026 elections!

#18 | Posted by TrueBlue at 2025-04-04 03:23 PM | Reply

siblisresearch.com

More than 10% drop. Was it way overvalued and due for a 'correction?'

#19 | Posted by mattm at 2025-04-04 03:34 PM | Reply

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

Because he shorted it.

#20 | Posted by Danforth at 2025-04-04 03:35 PM | Reply | Newsworthy 2

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

Strange, isn't it?

#21 | Posted by Corky at 2025-04-04 03:50 PM | Reply

Donald Trump Just Raised Your Taxes

www.youtube.com

#22 | Posted by Corky at 2025-04-04 05:44 PM | Reply

WHOA

#23 | Posted by hamburglar at 2025-04-04 06:10 PM | Reply

I knew he would crash our country as low as it could go (market and otherwise), but wow, is it going

#24 | Posted by hamburglar at 2025-04-04 06:11 PM | Reply

I've a paper loss, no actual loss as do not panic sell, and the dividends and distributions continue to flow. Will be bargain shopping in the near future : )

#25 | Posted by MSgt at 2025-04-05 09:50 AM | Reply

I've a paper loss, no actual loss....Will be bargain shopping in the near future

#25 | Posted by MSgt

For paper wealth, not actual wealth?

You need to listen to yourself sometimes. You might understand why other people choose not to be MAGA.

#26 | Posted by Zed at 2025-04-05 09:55 AM | Reply

"I've a paper loss, no actual loss"

What a coincidence. I have a box on my net worth page where I've done the calculations to show how much I would've lost if I hadn't bet that Donald Trump would be such a horrible steward.

Before yesterday it was the price of a top-of-the-line Subaru Outback.

As of yesterday, it passed the price of my first house.

#27 | Posted by Danforth at 2025-04-05 10:14 AM | Reply | Newsworthy 1

Same here D. I observed trump through the end of January and on Feb 3rd, called our broker and told him to sell everything. Then moved our cash in an online savings bank into the brokerage too, to get it out of the line of fire should trump close the banks and freeze the accounts.

#28 | Posted by Yodagirl at 2025-04-05 10:38 AM | Reply | Newsworthy 1

" should trump close the banks and freeze the accounts."

Okay.

That just sent a chill up my spine.

#29 | Posted by Danforth at 2025-04-05 11:09 AM | Reply | Newsworthy 1

"dividends and distributions continue to flow ... "

Yeah no they don't.

Dividends are based on the value of the stock. If the stock loses its value or has no value you get less or no dividends. Often it is a percentage of the actual stock price.

But that's fine ... you don't have to believe me..you will figure it out. One way or the other. Assuming you actually own any stocks ... you are in the "Find Out" phase obviously.

#30 | Posted by donnerboy at 2025-04-05 01:32 PM | Reply

$9.6 Trillion nationally. But let's talk honestly about the middle and middle-upper class. Most people I know have lost well in excess of $50,000 individually on the Wall Street crash over the past several days. Think about that. It will take years to recuperate unless America makes a radical change of course.

We cannot depose Trump soon enough.

#31 | Posted by moder8 at 2025-04-05 03:59 PM | Reply

#28

I moved my savings from USD into EUR. Something to consider with the value of the dollar declining relative to the Euro.

Snoofy mentioned that they had invested in Rheinmetall, which seems to be a really good move.

#31

There is a Facebook page for former and current bomber guys. Some have lost half a million dollars or more. And they're just normal dudes who invested well.

#32 | Posted by madbomber at 2025-04-06 06:38 AM | Reply

You people are panicking for nothing. You can't believe these numbers the fake media is putting out.

Don't accept it people.

The stock market is obviously rigged!

We need to take our stock market back!

See you in DC(or wherever they keep that thing).

It's gonna be wild!

#33 | Posted by donnerboy at 2025-04-06 11:50 AM | Reply | Funny: 1

Futures said today's going to be another bloodbath - and it's proving to be accurate.

#34 | Posted by YAV at 2025-04-07 09:30 AM | Reply