During this past week, from Wednesday until Friday, the S&P-500 Index lost $100 BILLION per Trading HOUR! The total Trading Hour Loss was Two TRILLION Dollars!
Then, after the market closed on Friday, S&P-500 futures erased another $120 BILLION within minutes.
Quite a number of people in the financial markets have told me Variations on a theme. In sum and substance they said:
“Remember, Trump did not crash the market. Trump was selected to manage the crash.
Truth be told, he was the best choice (((they))) had. Shitty choice; but the least shitty choice.”
Next, The Kobeissi Letter on March 27, 2025 (KobeissiLetter, 2025) reported:
“In a significant economic development, the United States recorded a staggering two-month goods trade deficit of $301 billion. This unprecedented deficit, which is nearly double the size of any previous two-month period, has been attributed to…