1026
U.S. stocks see biggest 2-day wipeout in history as market loses $11 trillion since Inauguration Day
(www.marketwatch.com)
so the chainsaw worked!
this post was submitted on 05 Apr 2025
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Let's see if he can make that number $111 Trillion lost by the end of May 2025.
To be selfish at this time, if I had 40k sitting in cash, do I have a chance to make good on this? Or are things too unstable to invest as just a dumb guy with some cash?
How does this compare to 2008?
28 September 2007 S&P 500 was $1526 per share
27 February 2009 it was $735
31 January 2025 it was $6040
Today it is $5074
Ok, so 2008 was a 52% loss in almost a year and a half.
Right now it's only a 16% loss in a little over 2 months.
Someone far smarter than I am could maybe figure out the monthly decline percentage and compare 2008 losses vs now. Don't get me wrong, it's a shitload of money, but it doesn't look like the stock market is anywhere close to reaching 2008 levels of loss.....yet.
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We’re sick of this winning!