InevitableSwing [none/use name]@hexbear.net to news@hexbear.netEnglish · edit-22 days agoDow dropped 5.5% today and it lost ~10% in 2 days. S&P 500 lost 10% in 2 days as Trump's tariff rout deepens: Live updateswww.cnbc.comexternal-linkmessage-square68fedilinkarrow-up1161arrow-down10
arrow-up1161arrow-down1external-linkDow dropped 5.5% today and it lost ~10% in 2 days. S&P 500 lost 10% in 2 days as Trump's tariff rout deepens: Live updateswww.cnbc.comInevitableSwing [none/use name]@hexbear.net to news@hexbear.netEnglish · edit-22 days agomessage-square68fedilink
minus-squaresweatersocialist [comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up23·2 days agodoes this mean rich people are at least losing some money? that’s cool
minus-squarelongjohnjohnson@lemmy.mllinkfedilinkEnglisharrow-up9·2 days agoNot as much as you’d think. They shifted their positions largely to cash a while back.
minus-squareCloutAtlas [he/him]@hexbear.netlinkfedilinkEnglisharrow-up9·2 days agoAlso property. Just buy houses and sit on them, it’s a foolproof plan!
does this mean rich people are at least losing some money? that’s cool
Not as much as you’d think. They shifted their positions largely to cash a while back.
Also property. Just buy houses and sit on them, it’s a foolproof plan!