• empireOfLove2@lemmy.dbzer0.com
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    4 days ago

    Left over momentum from the election. Stocks rose pretty continuously from the election on because businesses expected a “pro-corporate” President. They started correcting a week after Jan. 20th inauguration and his tarriff tantrums began to bear fruit. “YTD” being zero or only slightly negative only means the markets have fallen back to where they started pre-Trump.

    There is a long, loooooong way to fall still.