US stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fears
US stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fears

US stocks shed $5.4tn in two days as Trump’s tariffs stoke recession fears

https://archive.is/2025.04.04-200922/https://www.ft.com/content/b1eda0a8-6449-4fe5-b8c6-a2afebadc823
The 8 largest Dow Jones drops in American history:
Winning.
The 8 largest Dow Jones drops in American history so far.
I’m sure next week will be a blast 🫠
I suspect a dead cat bounce at the very least next week.
While true, it's not really fair to attribute the march 2020 covid drops to Trump. Every market on earth tanked, and there wasn't much any admin could've done to stop it.
However, this was 100% in Trump's control and is 100% self-inflicted. Has any US admin ever tanked the markets entirely on their own, in all of history... I mean, apart from the Republicans ~100 years ago (hilariously, also with Tariffs)?
In points, but not in percentage. At least not yet. But it sure seems to want to measure up to all major crisis and leave its mark.