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cyrano@lemmy.dbzer0.com to Europe@feddit.orgEnglish ·
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1 month ago

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

www.ft.com

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

www.ft.com

cyrano@lemmy.dbzer0.com to Europe@feddit.orgEnglish ·
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1 month ago
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China’s retaliation against Washington’s levies adds to sense of gloom across global markets

https://archive.is/2025.04.04-200922/https://www.ft.com/content/b1eda0a8-6449-4fe5-b8c6-a2afebadc823

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  • tal@lemmy.today
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    1 month ago

    1000009178

  • Parptarf@lemm.ee
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    1 month ago

    The art of the deal right there

  • 1984@lemmy.today
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    1 month ago

    Remember to say thank you.

    • corsicanguppy@lemmy.ca
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      1 month ago

      And where’s your suit?

  • corsicanguppy@lemmy.ca
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    1 month ago

    The number of times I click into a post like this one, only because I want to see a graphic like that graph, and it never actually appears in the article, is just too fn high.

    How do I see that exact image and the data behind it without some search calculus that seems wasteful when the product is right there?

    • cyrano@lemmy.dbzer0.comOP
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      1 month ago

      Here you go

    • Doctor_Satan@lemm.ee
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      1 month ago

      If you scroll down beneath the article, there are links to other articles. The graphic is from one called ‘Markets tumble as China announces 34% retaliatory tariffs on US imports’. No idea why Lemmy decided to grab that particular image for this post, though.

      • corsicanguppy@lemmy.ca
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        1 month ago

        Okay. So it’s an algorithm failure bringing me the image from another story. I hate that it makes perfect sense once you say it like that; only because I should’ve seen the same thing.

        Thanks for explaining it. Sorry it was required!

        @cyrano - thanks for the image and the help also!

        • Doctor_Satan@lemm.ee
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          1 month ago

          I’ve seen Reddit do the same thing for years and always wondered why. It’s super annoying.

  • macniel@feddit.org
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    1 month ago

    Freeee faalling!

    • suoko@feddit.it
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      1 month ago

      No more climate change! Only the stop on war in Ukraine is missing now

      • ChaoticNeutralCzech@lemm.ee
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        1 month ago

        I’m afraid an economic downfall is not enough at this point… Sure, the is acceleration of climate change will slow down but it will take centuries to remove the extra carbon.

        • suoko@feddit.it
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          1 month ago

          I guess irony was in the air…

  • TheFriendlyDickhead@lemm.ee
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    1 month ago

    Tired of winning already?

  • Ben Matthews@sopuli.xyz
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    1 month ago

    History will recall this as the Trump Slump …

    • cyrano@lemmy.dbzer0.comOP
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      1 month ago

      Trumpcession

      • tal@lemmy.today
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        1 month ago

        deleted by creator

    • Professorozone@lemmy.world
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      1 month ago

      But…but… Biden!

      • ugjka@lemmy.world
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        1 month ago

        Why would Biden do this

        • Professorozone@lemmy.world
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          1 month ago

          Do I really have to use "/s " after that comment?

          The Trump administration tends to continuously blame Biden for the stupid stuff they do. Guess you didn’t know. A reporter even asked when it stopped being Biden’s fault and it really pissed them off.

  • Captain_Patchy@lemmy.world
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    1 month ago

    Down +11 trillion since inauguration day!

  • Nojustice@lemmy.ml
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    1 month ago

    I’m so tired of hearing “recession fears”. We’ve been getting ass fucked since COVID. I don’t see how that’s not a recession.

    • MrMakabar@slrpnk.net
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      The economy is growing, but the wealth of the rich is growing faster. That obviously means the poor get poorer…

    • cyrano@lemmy.dbzer0.comOP
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      And the gfc, and the post covid pre recession preparation. Agreed. 👍

    • LowtierComputer@lemmy.world
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      1 month ago

      But the millionaires and billionaires made so much money!!;

    • shalafi@lemmy.world
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      1 month ago

      two consecutive quarters of negative GDP growth is a common rule of thumb

      That can be a blip, or turn into major shit. But feels don’t count here. The definition is prolonged economic downturn.

  • mapumbaa@lemmy.zip
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    High stock prices isn’t necessarily a good thing.

    • FiskFisk33@startrek.website
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      well, for those of us who need stable employment, whole markets going downwards isn’t necessarily very good either

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