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

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

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!

Here you go


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.

The economy is growing, but the wealth of the rich is growing faster. That obviously means the poor get poorer.....

And the gfc, and the post covid pre recession preparation. Agreed. 👍

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

>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.

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.

Why would Biden do this

Trumpcession

But...but... Biden!

And where's your suit?

well, for those of us who need stable employment, whole markets going downwards isn't necessarily very good either

I guess irony was in the air..

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.

No more climate change!

Only the stop on war in Ukraine is missing now

!1000009178

The art of the deal right there

Remember to say thank you.

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?

Freeee faalling!

History will recall this as the Trump Slump ...

Tired of winning already?

Down +11 trillion since inauguration day!

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.

High stock prices isn't necessarily a good thing.