Dow headed for the worst April since the Great Depression

[DBA]

The Trump rout is taking on historic dimensions.

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.

Worries about trade restrictions and the prospect of President Trump firing Federal Reserve Chairman Jerome Powell have investors bracing for greater losses ahead. Corporate earnings reports are rolling in, along with executives’ tariff-dented outlooks for the months ahead. Few think the administration’s negotiations with trade partners will yield results soon enough to ease the strain.

Meanwhile, counterweights that usually strengthen when stocks fall—such as government bonds and the U.S. dollar—are also under pressure, leaving investors with few havens to wait out the storm.

“It’s the hallmark of the ‘no confidence’ trade,” said Scott Ladner, chief investment officer at Horizon Investments. The Charlotte-based firm trimmed its U.S. equity position several weeks ago to favor more international stocks. “It’s impossible to commit capital to an economy that is unstable and unknowable because of policy structure.”

https://www.wsj.com/finance/investing/dow-jones-stocks-worst-april-1932-74fe82ac?mod=hp_lead_pos1

********************************************

Because of Trump’s idiocy, we are no longer taking about recession but depression.

As most of us know who are not in the MAGA cult, Trump is stupendously inept and incompetent. The Trump Regime has caused chaos in this nation and around the world. Since Trump’s election our standing around the world has all but disintegrated.

It is time the nation realizes, as the markets increasingly realize, that Trump is an irrational actor.

The warning signs are everywhere. A stock market in free fall and a bond market on the verge of collapse.

Even the WSJ acknowledges this reality.

Frankly, if the ignorant and those whose brains are warped by TDS would stop freaking out of over nothing, we would be fine. Unfortunately, there are a lot of these types of folks. As fast as it has gone down, it can easily snap back just as fast because this drop is not driven by the economy, but by partisan politics.

 

[DBA]

Sell your stocks and get out of the market now before it is too late.

That is what these trained MSNBC monkeys are doing. They don’t have a clue why they are selling other than some liberal, egg head economist with no real world experience told them that they were doomed.

 

[Marener]

Frankly, if the ignorant and those whose brains are warped by TDS would stop freaking out of over nothing, we would be fine. Unfortunately, there are a lot of these types of folks. As fast as it has gone down, it can easily snap back just as fast because this drop is not driven by the economy, but by partisan politics.

If you think people are freaking out over “nothing”, then you’re the one who is deranged.

The markets are down because faith and trust in the US economy has been harmed. It’s much easier to harm trust than to get it back.

This isn’t politics.

 

[konradv]

The Trump rout is taking on historic dimensions.

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.

Worries about trade restrictions and the prospect of President Trump firing Federal Reserve Chairman Jerome Powell have investors bracing for greater losses ahead. Corporate earnings reports are rolling in, along with executives’ tariff-dented outlooks for the months ahead. Few think the administration’s negotiations with trade partners will yield results soon enough to ease the strain.

Meanwhile, counterweights that usually strengthen when stocks fall—such as government bonds and the U.S. dollar—are also under pressure, leaving investors with few havens to wait out the storm.

“It’s the hallmark of the ‘no confidence’ trade,” said Scott Ladner, chief investment officer at Horizon Investments. The Charlotte-based firm trimmed its U.S. equity position several weeks ago to favor more international stocks. “It’s impossible to commit capital to an economy that is unstable and unknowable because of policy structure.”

https://www.wsj.com/finance/investing/dow-jones-stocks-worst-april-1932-74fe82ac?mod=hp_lead_pos1

********************************************

Because of Trump’s idiocy, we are no longer taking about recession but depression.

As most of us know who are not in the MAGA cult, Trump is stupendously inept and incompetent. The Trump Regime has caused chaos in this nation and around the world. Since Trump’s election our standing around the world has all but disintegrated.

It is time the nation realizes, as the markets increasingly realize, that Trump is an irrational actor.

The warning signs are everywhere. A stock market in free fall and a bond market on the verge of collapse.

Even the WSJ acknowledges this reality.

Trump will only settle for The Greatest Depression.

 

[JohnDB]

Market sentiment indicators still show extreme fear instead of greed.

I'm thinking people are waiting until corporation's avenues of bribery and coercion have been exhausted. The tarrifs are entrenched into USA economics and new plants have solidified plans.

Then fear turns to greed.

 

[Marener]

Market sentiment indicators still show extreme fear instead of greed.

I'm thinking people are waiting until corporation's avenues of bribery and coercion have been exhausted. The tarrifs are entrenched into USA economics and new plants have solidified plans.

Then fear turns to greed.

Trump’s introduced so many new and exciting avenues for bribery and coercion, it’s going to take some time to exhaust them all.

 

[JLW]

Frankly, if the ignorant and those whose brains are warped by TDS would stop freaking out of over nothing, we would be fine. Unfortunately, there are a lot of these types of folks. As fast as it has gone down, it can easily snap back just as fast because this drop is not driven by the economy, but by partisan politics.

It is MAGA monkeys who watch this chaos and market implosion and think this is normal. The WSJ agrees with my position not yours. But as a MAGA monkey you will just follow the head chimp into the abyss.

 

[j-mac]

It's billions of dollars in real value gone under this idiot President.

If you had actual money invested, you wouAre ld see that. Like most Trump supporters, all this lost value means nothing to you, but it will when you start paying more for everything.

Are you to the point yet of shouting it in the streets?

 

[C_Clayton_Jones]

It is time the nation realizes, as the markets increasingly realize, that Trump is an irrational actor.

True – in addition to the fact that Trump is incompetent and unfit to be president.

 

[JGalt]

It's billions of dollars in real value gone under this idiot President.

If you had actual money invested, you would see that. Like most Trump supporters, all this lost value means nothing to you, but it will when you start paying more for everything.

If it's something that lost its value, then it didn't have any value to start with.

 

[jbrownson0831]

True – in addition to the fact that Trump is incompetent and unfit to be president.

Its backwards boy, cut and paste.....don't you put yourself to sleep sucking in all that CO2, facediaper???

 

[Blaster]

The smart investors are buying stock at bargain prices and will be rewarded when the market rebounds.

 

[odanny]

If it's something that lost its value, then it didn't have any value to start with.

Is that how it works?

Tell us more.

 

[PeterPilot]

Wow, gold has been setting records nearly every day.

 

[JGalt]

Trump will only settle for The Greatest Depression.

The only "Greatest Depression" is how you Trump-haters felt after Kamala lost the election.

 

[odanny]

It is MAGA monkeys who watch this chaos and market implosion and think this is normal.

The MAGA monkeys have no money in the market, they are pleased to see those who do lose money. Of course they want our economy to crater because they want others to be just as penniless as they are.

 

[Zincwarrior]

My day to day life is not dependent on whether rich Wall Street investors get richer or not, so I couldn't care less.

It reflects an economy rocketing towards self imposed recession.

 

[Mac-7]

The Trump rout is taking on historic dimensions.

The Dow Jones Industrial Average shed almost 1,000 points on Monday and is headed for its worst April performance since 1932, according to Dow Jones Market Data. The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.

Worries about trade restrictions and the prospect of President Trump firing Federal Reserve Chairman Jerome Powell have investors bracing for greater losses ahead. Corporate earnings reports are rolling in, along with executives’ tariff-dented outlooks for the months ahead. Few think the administration’s negotiations with trade partners will yield results soon enough to ease the strain.

Meanwhile, counterweights that usually strengthen when stocks fall—such as government bonds and the U.S. dollar—are also under pressure, leaving investors with few havens to wait out the storm.

“It’s the hallmark of the ‘no confidence’ trade,” said Scott Ladner, chief investment officer at Horizon Investments. The Charlotte-based firm trimmed its U.S. equity position several weeks ago to favor more international stocks. “It’s impossible to commit capital to an economy that is unstable and unknowable because of policy structure.”

https://www.wsj.com/finance/investing/dow-jones-stocks-worst-april-1932-74fe82ac?mod=hp_lead_pos1

********************************************

Because of Trump’s idiocy, we are no longer taking about recession but depression.

As most of us know who are not in the MAGA cult, Trump is stupendously inept and incompetent. The Trump Regime has caused chaos in this nation and around the world. Since Trump’s election our standing around the world has all but disintegrated.

It is time the nation realizes, as the markets increasingly realize, that Trump is an irrational actor.

The warning signs are everywhere. A stock market in free fall and a bond market on the verge of collapse.

Even the WSJ acknowledges this reality.

Smart investors will lose nothing if they hold onto their stock and do not sell

 

[Mac-7]

The MAGA monkeys have no money in the market, they are pleased to see those who do lose money. Of course they want our economy to crater because they want others to be just as penniless as they are.

Is warren buffet selling all his stock?

 

[Winco]

The Trump rout is taking on historic dimensions.

Remember how the Cult touted that 3,000 point gain, after the market losing 8,000, as some kind of Trump Heroic Thing.

Yea, I remember....read below.

Dow finished up near 3000 pts--one of the largest one-day gains in the history of the market. MAGA

I accept your apology. 3000 points in one day, crushing the modern record. The Comeback Kid does it again!