• AngryCommieKender@lemmy.world
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    5 days ago

    Trillions. There’s an article that hit my feed that shows that the NYSE and DJ indexes have lost 5 trillion dollars in value in the last 3 weeks.

    • CheeseToastie
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      5 days ago

      I’m awful with the economy, dont understand it. Can you ELI5 how Trump has done that?

      • Zzyzx@lemmy.blahaj.zone
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        5 days ago

        Basically, markets generally prefer stability and predictability. Trump is neither, which makes the market far more volatile. All the bullshit he’s been spewing the past few weeks have been a major disruption and has made many in the market uneasy.

      • AngryCommieKender@lemmy.world
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        5 days ago

        Mostly with his completely volatile temperament, threatening WWIII, threatening tariffs and trying to ignite trade wars. He doesn’t seem to understand that he isn’t doing reality TV anymore, and the market doesn’t approve.

        • CheeseToastie
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          5 days ago

          Ah I see… the instability and volatility sets it off. That’s a really easy thing to understand thanks 😊