Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.

Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.

  • TronBronson@lemmy.world
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    1 day ago

    buddy 401k contributions come out of your paycheck. you can’t equate one with the other. Most people usually check the box to take taxes and contributions out of their paycheck and don’t consider their retirement account emergency savings.

    the point your missing is it often is. and it usually equates to to stock market losses. So stock market crashes are when the rich make the poor poorer.

    Yet here you poors go cheering on everyones grandma to starve to death. Far left and far right horseshoe death cult assemble.