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U.S. Dollar Falls to Three-year Low
Under Trump's short time in office, the global worth of U.S. dollar is trending down.
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Stocks slumped, bonds sold off and the U.S. dollar continued to lose ground on Monday as markets reverberated from President Trump's trade war and new attacks on the chair of the Federal Reserve.[image or embed]— The New York Times (@nytimes.com) April 21, 2025 at 12:20 PM
Stocks slumped, bonds sold off and the U.S. dollar continued to lose ground on Monday as markets reverberated from President Trump's trade war and new attacks on the chair of the Federal Reserve.[image or embed]
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The Dow is down about 3%
S&P 500 is down over 3%.
S&P 500 was 6118 on January 23 of this year, and is now at 5116. Down over 1000 points, or more than 15%.
#1 | Posted by LampLighter at 2025-04-21 01:16 PM | Reply
All of this caused by one man: Donald Trump
"Yer doin' a heck of a job, Donnie" (ruining America's economy)
#2 | Posted by AMERICANUNITY at 2025-04-21 01:29 PM | Reply
Waiting for LFTHANDTURDS/Goatman to spam the thread about how it's "the libs" or Biden behind all of this.
#3 | Posted by e1g1 at 2025-04-21 01:33 PM | Reply
Normally a weak dollar would be good for the US tourism industry. Under Trump, no one wants to come. Trumps economic and foreign policies are already a disaster for America. And we're only 90 days in.
#4 | Posted by Whatsleft at 2025-04-21 01:44 PM | Reply
It's just an overdue market correction.
LOL.
#5 | Posted by REDIAL at 2025-04-21 01:50 PM | Reply
Winning!!!
#6 | Posted by crisisstills1 at 2025-04-21 01:52 PM | Reply
SO much Winning!
#7 | Posted by Corky at 2025-04-21 02:03 PM | Reply
Fat Donnie is a traitor.
#8 | Posted by LegallyYourDead at 2025-04-21 02:23 PM | Reply
Anymore winning and I'll have to get a job to survive retirement.
#9 | Posted by northguy3 at 2025-04-21 02:24 PM | Reply
I got completely out of the market right soon after election day 2024 and went to all cash, invested in fixed income assets.
A financial advisor from Edward Jones - who's been trying to get my wife and I to put our considerable assets in his hands - called again just Friday.
When he'd tried to reel us in last fall, I told him we'd have to see how the election turns out. That I didn't trust Trump as a caretaker of America's economy.
When he called last Friday, I reminded him of our conversation last fall when I told him I expected markets to tumble and economy to suffer because Trump's a willfully uninformed/unconcerned-about-anyone-but-himself caretaker.
The Edward Jones rep is now personally feeling the negative economic impact of Trump's actions.
#10 | Posted by AMERICANUNITY at 2025-04-21 02:50 PM | Reply
He just called again.
All I could do was reiterate how inept, incompetent, and self-serving Trump is, to the detriment of Americans.
#11 | Posted by AMERICANUNITY at 2025-04-21 03:20 PM | Reply
Anymore winning and I'll have to get a job to survive retirement. #9 | Posted by northguy3
I, unfortunately, and there with you.
#12 | Posted by TFDNihilist at 2025-04-21 04:47 PM | Reply
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