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News@lemmy.world · 5 months ago

Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

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Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks

return2ozma@lemmy.world to

News@lemmy.world · 5 months ago

U.S. companies had trillions of dollars in value wiped out Thursday after President Donald Trump slapped sweeping tariffs on foreign imports.

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Lightor@lemmy.world
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5 months ago
Oh, so my 401k losing money isn’t real? Damn, that’s a relief.
- lumony@lemmings.world
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  5 months ago
  That’s what you get for being suckered into accepting 401ks instead of pensions.
  - Lightor@lemmy.world
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    5 months ago
    You say it like I had a choice to get a pension.
    - NeilBrü@lemmy.world
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      5 months ago
      Pension funds have invested in stocks and bonds for decades.

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