Black Monday

[Wales-Bales]

It's now or never.

[jon1959]

Re: Black Monday

What is ‘now or never’?

[Wales-Bales]

Re: Black Monday

What is ‘now or never’?

The great Black Monday stock market crash of 2025.

[jon1959]

Re: Black Monday

The great Black Monday stock market crash of 2025.

Well if that is the 'now or never' then it is now. The FTSE100 is already 11% down in just over one day of trading.

Most market analysts I have read in the past week (it is certainly not my area of expertise) think the great Trump Tariff Experiment has been badly thought through, planned and communicated. Trump's cabinet are contradicting each other every day. It has gone bigger than expected and the retaliation has been bigger. There is currently a 50:50 chance of a US recession this year. Pension pots are 'bigly shrunk'. US workers and consumers will be hit hard - and the promise of a return to 1950s manufacturing (a fantasy) by bringing jobs 'back onshore' is for the medium to long term even if it was true.

It is what the world looks like when cock up and conspiracy are in lock step.

There is likely to be a major adjustment to trade deals and military alliances - none of which will help exploited workers in Global South countries - which isolates the USA and works around it. It will reshape globalism, but Trump will not end it. He doesn't want to - he profits from it like Musk and the rest of his oligarch mates and golf buddies. But it does look like four years of 'America First' (aka Trump First).

[Wales-Bales]

Re: Black Monday

Well if that is the 'now or never' then it is now. The FTSE100 is already 11% down in just over one day of trading.

Most market analysts I have read in the past week (it is certainly not my area of expertise) think the great Trump Tariff Experiment has been badly thought through, planned and communicated. Trump's cabinet are contradicting each other every day. It has gone bigger than expected and the retaliation has been bigger. There is currently a 50:50 chance of a US recession this year. Pension pots are 'bigly shrunk'. US workers and consumers will be hit hard - and the promise of a return to 1950s manufacturing (a fantasy) by bringing jobs 'back onshore' is for the medium to long term even if it was true.

It is what the world looks like when cock up and conspiracy are in lock step.

There is likely to be a major adjustment to trade deals and military alliances - none of which will help exploited workers in Global South countries - which isolates the USA and works around it. It will reshape globalism, but Trump will not end it. He doesn't want to - he profits from it like Musk and the rest of his oligarch mates and golf buddies. But it does look like four years of 'America First' (aka Trump First).

It hasn't started yet, the NYSE opens at 2-30 pm. Get your :popcorn: ready!

[lardy]

Re: Black Monday

Well if that is the 'now or never' then it is now. The FTSE100 is already 11% down in just over one day of trading.

Most market analysts I have read in the past week (it is certainly not my area of expertise) think the great Trump Tariff Experiment has been badly thought through, planned and communicated. Trump's cabinet are contradicting each other every day. It has gone bigger than expected and the retaliation has been bigger. There is currently a 50:50 chance of a US recession this year. Pension pots are 'bigly shrunk'. US workers and consumers will be hit hard - and the promise of a return to 1950s manufacturing (a fantasy) by bringing jobs 'back onshore' is for the medium to long term even if it was true.

It is what the world looks like when cock up and conspiracy are in lock step.

There is likely to be a major adjustment to trade deals and military alliances - none of which will help exploited workers in Global South countries - which isolates the USA and works around it. It will reshape globalism, but Trump will not end it. He doesn't want to - he profits from it like Musk and the rest of his oligarch mates and golf buddies. But it does look like four years of 'America First' (aka Trump First).

I'd forgotten that one from the first term - that Trump is some sort of anti-globalist. He wants a tower with his name on it in every capital city!

And he also wants money and isn't particularly sniffy about how he gets it.

[Wales-Bales]

Re: Black Monday

I'd forgotten that one from the first term - that Trump is some sort of anti-globalist. He wants a tower with his name on it in every capital city!

And he also wants money and isn't particularly sniffy about how he gets it.

What's Rachel Maddow's take on things?

[Wales-Bales]

Re: Black Monday

Lot's of doom & gloom on the BBC.

https://www.bbc.co.uk/iplayer/live/bbcnews

[Dorcus]

Re: Black Monday

I'd forgotten that one from the first term - that Trump is some sort of anti-globalist. He wants a tower with his name on it in every capital city!

And he also wants money and isn't particularly sniffy about how he gets it.

I've got a sneaky suspicion he'll demand his face on Mount Rushmore before too long

[Dorcus]

Re: Black Monday

Well if that is the 'now or never' then it is now. The FTSE100 is already 11% down in just over one day of trading.

Most market analysts I have read in the past week (it is certainly not my area of expertise) think the great Trump Tariff Experiment has been badly thought through, planned and communicated. Trump's cabinet are contradicting each other every day. It has gone bigger than expected and the retaliation has been bigger. There is currently a 50:50 chance of a US recession this year. Pension pots are 'bigly shrunk'. US workers and consumers will be hit hard - and the promise of a return to 1950s manufacturing (a fantasy) by bringing jobs 'back onshore' is for the medium to long term even if it was true.

It is what the world looks like when cock up and conspiracy are in lock step.

There is likely to be a major adjustment to trade deals and military alliances - none of which will help exploited workers in Global South countries - which isolates the USA and works around it. It will reshape globalism, but Trump will not end it. He doesn't want to - he profits from it like Musk and the rest of his oligarch mates and golf buddies. But it does look like four years of 'America First' (aka Trump First).

"bigly shrunk"! I love it!

[North Cardiff Blue]

Re: Black Monday

The S&P 500 was hitting regular highs over the last year and was over priced and due a correction, but he's done more than that.

The high was around 6130 Feb 18th this year, and is currently down to 5077 as we speak, talk of a potential rip-your-face-off rise at 4,800 and technical traders are recording a potential low of 3000 before it's cheap and buy buy buy.

However, no one really knows, when Trump will take action to start negotiating so that the markets and all his cash are reinvested to fly back up.

[North Cardiff Blue]

Re: Black Monday

https://www.telegraph.co.uk/business/2025/04/07/donald-trump-tariffs-market-reaction-live/

[stevo]

Re: Black Monday

https://www.telegraph.co.uk/business...reaction-live/

What a pleb.

[jon1959]

Re: Black Monday

However, there is some good news!

https://www.theguardian.com/us-news/2025/apr/07/stock-market-loss-elon-musk-mark-zuckerberg-jeff-bezos

Since 'Liberation Day' (don't all laugh at once!) Musk has lost $31bn, Zuckerberg has lost $27bn and Bezos has lost $23.5bn.

[delmbox]

Re: Black Monday

https://www.telegraph.co.uk/business...reaction-live/

Sounds a bit desperate that