💥 On April 3-4, the U.S. stock market experienced its largest two-day decline in history, losing $6.6 trillion. The total losses since the beginning of Donald Trump’s second term in January 2025 reached $11.1 trillion.
Source: Gazeta.UA
💰 The sharp drop was caused by new trade tariffs imposed by Trump, as well as tariffs imposed by China on imports of U.S. goods. Investors are concerned that this could lead to a recession not only in the U.S. but also globally. JPMorgan analysts estimate the probability of this scenario at 60%.
📉 As a result of the crash, markets lost a significant portion of their value: the Dow Jones index dropped by 5.5%, the S&P 500 by 5.97%, and the Nasdaq Composite by 5.82%.
🔮 “These tariffs could have an even greater impact, especially if they become permanent, which would increase market uncertainty, similar to what we saw at the beginning of the pandemic,” said Matt Bardett from Thornburg Investment Management.
💵 Investors are massively selling stocks and investing in safe assets: government bonds and gold, which has reached a new record price of over $3130 per troy ounce.
🛢️ Oil prices also dropped, with American WTI oil falling by 7.4%, reaching $61.99 per barrel.
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