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CNN: The Dow down more than 2,000 points. The S&P and the Nasdaq down over 5.5%. One analyst said he's never seen anything like this. He referred to the dot-com bubble, the 2008 financial crisis and COVID, but this is self-inflicted and did not have to happen

785,488 views • 1 year ago •via X (Twitter)

11 Comments

SJI2783's profile picture
SJI27831 year ago

Self-inflicted being the key term. Trump is 100% to blame.

Suresh Babu's profile picture
Suresh Babu1 year ago

Self-inflicted. The jobs report was beginning to show gains. The tariffs have now run the economy into the ditch.

Caroline Kliby's profile picture
Caroline Kliby1 year ago

Weird, I thought Trump wants to make his millionaire / billionaire friends richer, doesn't seem like it!

never again is happening now's profile picture
never again is happening now1 year ago

“Self-inflicted collapse of the market” Did the president do this deliberately? Or did he not know it would happen? There is no good answer.

Rob Heaslip's profile picture
Rob Heaslip1 year ago

Fact: If that fellow hadn't missed Americans would be trillions of dollars richer today.

Icy🇮🇸🇫🇴🇺🇸's profile picture
Icy🇮🇸🇫🇴🇺🇸1 year ago

The dot-com boom of 1995–2000 (and ultimate bust in 2001–2002) was a period of large, rapid, and ultimately unsustainable increases in the stock market the wound up popping in 2002 not 2008.

Quant Data's profile picture
Quant Data1 year ago

🚨 $SPX is down ~2% again 📉 Our analyst purchased puts on $SPX live yesterday. SPX rapidly dropped to the area of the largest negative gamma exposure (-50M) at the $5,300 strike. Want to see data like this? Try our 7-day free trial at:

Truth Hurts's profile picture
Truth Hurts1 year ago

That analyst wasn't born until 1990.

Truth Seeker 1982's profile picture
Truth Seeker 19821 year ago

Necessary to avoid a worse crisis. Short term pain for long term gain.

#theDigitalCCH's profile picture
#theDigitalCCH1 year ago

come on, traders were shorting all afternoon

Sue Romulus's profile picture
Sue Romulus1 year ago

I saw something like this before when working at Standard & Poor's in NYC. It was Black Monday: October 19, 1987. I didn't own any stock, but people were sad that day.

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