Summary
Despite Trump’s 2024 warnings of a market crash under Biden, the S&P 500 is experiencing its worst start to a presidential term in modern history under him, dropping ~15% since Inauguration Day.
This plunge, largely attributed to Trump’s aggressive tariff policies announced post-election (“Liberation Day”), is pushing the market toward bear territory faster than any predecessor since 1957.
The Nasdaq is already in a bear market, and economists increasingly warn the tariffs could trigger a recession impacting widespread stock ownership.
If anyone was expecting anything different then they’re a delusional fuckwit
I knew he’d fuck it up, but i really did not expect it to be this quickly. He is the most massive fuck up of a human I’ve ever seen. Everything he does defies all common sense and reason. And still people follow him to Hell.
I guess I should be a bit lenient cos yeah it has happened swift as fuck, just absolutely horrifying every fucking day and my empathy meter is about to make me explode from all the people this bullshit has hurt. Never, ever forgive magats for this shit.
So Trump voters