Tariffs kicked in and now down over 5% over the last six months.
S&P 500 down 4.8% just today. Dow down almost 4%; NASDAQ down almost 6%.
ETA: Recession here we come.
Since the day started off almost level as 6 months ago, it makes sense that both are nearly the same. But it also illustrates it isn’t just a one day loss, but a long-term loss.
Recession? A world wide depression.
With a topping of a new pandemic, no doubt.
When I moved all but 1% of my T. Rowe Price 401(k) investments into a Money Market Fund on the first Monday in March, the DJIA closed at 43,900. As I post this, it’s at 39,513.62. I was gaining making a little money from interest on the Money Market finds (and my 5% automatic contribution) – even though it was only up $1.30 the other day. (It’s been up a couple/few tens of dollars each day I’ve entered into my spreadsheet.) April 2nd I was up $30.82. April 3rd, I was down $30.36. First time since I started keeping track it’s been negative. I expect to see more minus signs going forward. 
Mr. Trump said he’s taking the economy to a whole new level. Unfortunately, it’s a lower level. I prefer a higher level.
Trump to the “Independent” Fed: please save my bacon!!!
This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two months - A BIG WIN for America. CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!
The idiot doesn’t even understand that the rate that matters to most people’s day to day is the 10 year, and that isn’t set by the Fed. It’s also down dramatically since he started this crap, so at least there he is getting what he wants.
(I know the Fed rate exerts influence over other rates, but it doesn’t set them)
So trump claims that Fed Chairman Jerome Powell should cut Interest Rates because Interest Rates are down?
(Capitalization not mine! And don’t get me started about scare quotes!)
Well, if interest rates are down, what is he complaining about?
Forget it @Pardel-Lux it’s Trumptown.
This is really cringy. As the stock market plummets, Trump introduced his Gold Card. I see the reporters are champing at the bits to buy one.
He’s like a 5 year old showing off a new toy.
The Gold Card is replacing the old EB-5 program, where wealthy foreigners invest $1M into a business that will provide jobs for Americans and in turn receive permanent residency.
Except now it’s $5M and there is no requirement that you do anything to give jobs to Americans.
This just reeks of class and what everyone experts an official citizenship document should look like,
I shoulda just stopped at reeks.
Also, an eagle Donny? Are you trying to remind us of this?
Isn’t that, in practice, closely tied to the fed funds rate set by the Federal Reserve? If Trump is aware of the role of money market funds, he’d want to lower rates to push people into stocks.
It’s clear who sees tariffs as a political winner in Washington. It isn’t Trump’s side
Republicans sound nervous; Ted Cruz warns of midterm ‘bloodbath’
https://www.cbc.ca/news/world/tariffs-political-fallout-1.7502562
It has been pointed out to me that I should not mention anymore that I moved my portfolio from stocks to a Money Market fund. But at this point, lowering the rates of gain are secondary to protecting my investments from falling stocks. As long as I have my principle, I can re-invest in stocks after they bottom out.
Yeah partner moved to very conservative super fund profile as did best friend. I have no material wealth so observe from the side lines. 
My question is, if Trump is ousted in 4 years by the Dems, will they honor this card.
I don’t think I’d invest in this clown, plus who wants to come here now?
I’m pretty sure I know where the 5M goes, where did the 800K go?
Someone on Twitter opined that Trump has already likely destroyed more peacetime wealth via purposely bad decisions than anyone in history, and I’m having a bit of a problem refuting that. Any takers?
