A consequence of the 9/11 assaults was that the New York Inventory Change and the NASDAQ had been shut down for every week.
“When buying and selling resumed that week of September 17, 2001 . . . over the next 5 days, the Dow Jones common decreased greater than 14%, the S&P 500 tumbled 11.6% and Nasdaq fell a whopping 16%. The assaults wiped $1.4 trillion of worth off the US markets. Even simply the primary day of buying and selling after the assaults, the DJIA plummeted 684 factors, down 7.1%. On the time, that was the most important loss for a single buying and selling session in the entire historical past of the change.
“Trump’s crackpot tariffs have wiped $5 trillion of the value of US markets and that appears only to be the beginning.”
And it’s not simply the inventory market:
“Trump’s assault on civil liberties, scientific and medical analysis, universities, and freedom of thought and conscience are even deadlier than the financial injury he’s doing. And, after all, these un-American actions may also do financial injury on a big scale.
“Trump is an agent of destruction for American society and poses a menace much more lethal than al-Qaeda ever did.