Tech megacaps lose $1.8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years

[Magats_Love_NHB]

https://www.cnbc.com/2025/04/04/technology-stocks-fall-for-a-second-session-led-by-tesla-and-nvidia.html

• The so-called Magnificent Seven stocks lost a combined $1.8 trillion in market value over the last two trading sessions.
• Apple led the losses for the group shaving off more than $533 billion in market capitalization.
• The Nasdaq recorded its worst week since 2020 as markets responded to mounting fears of a global trade war that could push the U.S. into a recession.

 

[Dutch Uncle]

https://www.cnbc.com/2025/04/04/technology-stocks-fall-for-a-second-session-led-by-tesla-and-nvidia.html

• The so-called Magnificent Seven stocks lost a combined $1.8 trillion in market value over the last two trading sessions.
• Apple led the losses for the group shaving off more than $533 billion in market capitalization.
• The Nasdaq recorded its worst week since 2020 as markets responded to mounting fears of a global trade war that could push the U.S. into a recession.

JPMorgan says "There will be blood". Most of it will be from American taxpayers.

“There will be blood”: JPMorgan warns of 60% global recession odds under Trump Tariffs

Donald Trumps sweeping new tariffs are raising alarms about a potential U.S. and global recession. Economists from JPMorgan, Goldman Sachs, and Moodys Analytics warn that the trade war could push inflation higher, weaken consumer confidence, and slow economic growth. Markets have already reacted...

economictimes.indiatimes.com

 

[AProudLefty]

Doesn't look good. But hey! I was told to be patient!

 

[Tbird19482]

JPMorgan says "There will be blood". Most of it will be from American taxpayers.

“There will be blood”: JPMorgan warns of 60% global recession odds under Trump Tariffs

Donald Trumps sweeping new tariffs are raising alarms about a potential U.S. and global recession. Economists from JPMorgan, Goldman Sachs, and Moodys Analytics warn that the trade war could push inflation higher, weaken consumer confidence, and slow economic growth. Markets have already reacted...

economictimes.indiatimes.com

For some reason it seems like MAGAS can't comprehend that it will be the CONSUMER that will be the ones that pay the tariffs.
Tariffs as high as what Trump is putting on will only be passed on to the Consumers .
These tariffs are going to hurt every consumer not only in the US but all around the world , and could cause a world wide Depression.
It is time they wake up .

 

[Dutch Uncle]

For some reason it seems like MAGAS can't comprehend that it will be the CONSUMER that will be the ones that pay the tariffs.
Tariffs as high as what Trump is putting on will only be passed on to the Consumers .
These tariffs are going to hurt every consumer not only in the US but all around the world , and could cause a world wide Depression.
It is time they wake up .

Cult members often don't know they are in a cult.

Understanding Cults: The Basics

What is a cult? How do they work? What are the lasting serious after-effects of being involved with one? Read on to learn how to protect yourself and family/friends from harm.

www.psychologytoday.com

Understanding Cults: The Basics​

To help others, it is important to understand mind control and undue influence.​

Key points​

• No one joins a cult; they are recruited by systematic social influence processes.
• Destructive individuals and cults use deception and undue influence to make people dependent and obedient.
• Not all influence is bad. There is a difference between due and undue influence.
• Cult leaders are typically malignant narcissists and want people who will be obedient to them.

 

[ThatOwlWoman]

For some reason it seems like MAGAS can't comprehend that it will be the CONSUMER that will be the ones that pay the tariffs.
Tariffs as high as what Trump is putting on will only be passed on to the Consumers .
These tariffs are going to hurt every consumer not only in the US but all around the world , and could cause a world wide Depression.
It is time they wake up .

Which has been pointed out numerous times by both knowledgeable people on this forum, and across the media. But since the deplorable garbage has been conditioned to believe that everything they disagree with is "fake news," they won't believe this either. Guess when they need a new fridge or TV or Nikes or vehicle or tools or house, they'll wake up. You can bet that the talking points blaming Biden are all ready to be released when needed.

 

[Tbird19482]

I don't know about any of you but I have seen prices start going up around here already.
This isn't going to be good.
Again the Consumer is the one that will end up paying these tariffs NOT the exporting countries.
A large food store chain in this area has come out and said they are sorry but they will have to pass price increases on to the consumer but will do what they can to keep them as low as they can , but prices ARE going to go up.