ASX 200: Australian share market sheds $160bn on opening as US trade war gloom spreads across globe
ASX 200: Australian share market sheds $160bn on opening as US trade war gloom spreads across globe
www.theguardian.com
ASX 200 sheds $100bn in biggest one-day fall in five years as Trump tariffs send shares tumbling
Benchmark S&P/ASX 200 sank 6% within minutes of market opening – sending it back to levels not seen since late 2023
Gooooooo
All I can say is I hope this gives the RWNJs pause about voting for the potato, if they think stocks will go down even further unless we distance ourselves from the US, then we might not be doomed to 3 years of similar stupidity.
One would hope so but the disinfo is strong in their faces and they lack the critical thinking skills to discern the difference. Our only chance is the rest of us out numbering them.
Well we're fucked, aren't we?
They don't, they are expecting rate cuts which will make everything better and that trump has said there will be pain so this is expected