It’s been a few days since Trumps tariffs triggered a stock market crash, so really, we were due for another one.
Stock market crashes continue to be a regular thing for us to see now that the chaos and destruction of the Trump administration is back. Trump has only been in the White House for a few months, but already, we’ve seen crash after crash after crash after crash.
In fact, the stock market crashes became such a regular thing, that we started naming each of them just so that we can start telling one stock market crash from another. There was the 4 day Trump “Liberation Day” stock market crash and the Trump China tariffs stock market crash. The damaging implications of all of these stock market crashes has also expanded into the broader economy as analysts grow increasingly convinced that we are already in a recession. This as the overall American economy is showing signs that it is dying. The damage, of course, is spreading across the border into Canada as analysts here are also growing convinced that the country is also in a recession. Nevertheless, that didn’t stop the Trump China tariff stock market crash 2.
Today, we are seeing yet another stock market crash. Today, we are seeing the Dow Jones crater by another 971.82 points ( which works out to a loss of 2.48%). The Trump tariffs were especially noted in explaining why the stock market crash of the day is happening. From CNN:
US stocks and the dollar tumbled Monday as investors assessed continued tariff uncertainty and the implications of President Donald Trump’s ongoing mission to try and oust Federal Reserve Chair Jerome Powell.
So, the question is, what do we name this particular stock market crash? Well, since it comes after the Easter holidays, I guess we can call it the Trump Easter stock market crash where the Easter eggs you find are not made of chocolate. Overall, this crash was just 10 points short of reaching the top 20 biggest Dow Jones point crashes of all time, but we know Trump is hard at work clearing the board during his presidency, so there will be other stock market crashes in the future I’m sure.
In the trailing 5 days, the Dow Jones fell by 5.86%. In the last month, the Dow Jones lost 9.09%. Meanwhile, the 6 month record shows a loss of 11.09% in value. The year to date is showing a loss of 9.96% as well.
With Trump continuing to double down on the destructive inflationary tariffs, things only stand to get worse and worse with no end in sight for these stock market crashes.