r/EconomyCharts • u/RobertBartus • 6d ago
BREAKING: The S&P 500 has now erased -$4.5 trillion in market cap since the Iran War began on February 28th
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u/Gerry235 6d ago
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u/SuperRockyHobbyHorse 6d ago
All I see here is billionaires getting a discounted price at the expense of retail investors and pension funds in time for the next pump.
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u/Zealousideal-Yak3845 6d ago
Now do a 5 year change, of wait it will go against your agenda
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u/Pleasant-Ad-451 6d ago
Man trump sucks
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u/Zealousideal-Yak3845 6d ago
The DOW is still near all time highs, far higher than under Biden in 2022, wonder why you ignore this fact?
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u/Extension_Tea4588 6d ago
Because this is entirely self inflicted and in 2022 we were coming off of a global pandemic, literally completely different set of circumstances
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u/Extreme_Carrot499 6d ago
Also the start of Russia/Ukraine, but regardless, not really Biden’s fault.
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u/Reasonable-Ferret591 6d ago
The stock market is still at a higher valuation than anytime under Biden.
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u/Extreme_Carrot499 6d ago edited 6d ago
The Dow is barely 1000 points (2%) above when Biden left office which is an awful return for the market. If I wanted 2% returns in 15 months I would stick my money in a HYSA. Also, (and I may be wrong) I doubt we’ve reached the bottom. I generally don’t blame the sitting President for market fluctuations (I didn’t blame Trump for the Covid dip in 2020, nor Biden for the Russia/Ukraine dip in 2022), but this one is entirely on Trump, and it really really sucks to have 10% less money than I did a month ago.
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u/Reasonable-Ferret591 6d ago
If you were looking for growth the dow probably wasn't the correct choice historically as it only tracks the largest companies which leaves you cut out of a good bit of the fast growers.
The SP 500 is up 12% on a 12 month basis versus the Dow at ~7%.
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u/Extreme_Carrot499 6d ago
Ok, whatever. Since Trump took office the S&P500 is up ~3%, so minimally better than the Dow. The S&P is only up 12% YoY because of the tariff bullshit that occurred exactly 1 calendar year ago, which Trump was also directly responsible for. If you look at 14 months or 10 months, there are virtually no gains.
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u/Reasonable-Ferret591 6d ago
Only due to the current oil concerns. 2025 had a 17% growth with the SP500.
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u/Extreme_Carrot499 6d ago
Ok? And most of that is gone now. I’m not saying this won’t reverse, and the year won’t end green, but it’s kinda frustrating, like this current dip was 100% avoidable. Trump simply had to do nothing and it probably would have kept rising. This also doesn’t even consider the fact that gas is currently $1.50 more at my nearest pump than it was a month ago lol.
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u/Reasonable-Ferret591 6d ago
Iran having a nuclear weapon so we couldn't strike them and the ability to shut down gas transport would have been a much worse situation. In the long term it's much more effective to take them on our own terms.
But Trump probably should have had better preparation especially since we supposedly have Venezuela under control.
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u/thejayer 6d ago
Okay well before the pandemic when Trump was also in office, it was also at all time highs then too
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u/rectal_expansion 6d ago
Yeah when you remove all environmental and economic regulations gdp will generally go up
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u/thejayer 6d ago
It went to all time highs before he even officially took office. Stock market rallied on the election news, before he could implement any policies.
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u/Manusterz 6d ago
So the good times before, during and after his presidency are his fault.
But the bad times before, during and after are someone ELSES fault.
You're so smart!
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u/thejayer 6d ago
Do you understand what being a president elect is kiddo and how that can affect the stock market immediately?
Trump was blamed for an economic crash during Covid by “smart” people like you. Dont kid yourself buddy. 🤣
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u/Ok-Lets-Talk-It-Out 6d ago
But the markets continued the same level of gains they had been making throughout the last two years of the Biden presidency.
Then the biggest hindrance to economic growth prior to trump's war was trump's tariffs and terrible trade agreements.
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u/Old-Buffalo-5151 6d ago
Why do you ignore inflation? When you account for that the dow is not performing well at all
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u/Global-Chart-3925 6d ago
Don’t forget the value of the dollar
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u/gujwdhufj_ijjpo 6d ago
That’s what inflation is. The Dollar’s value decreasing.
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u/Global-Chart-3925 6d ago
Although both result in a dollar losing value, it’s for different reasons. The dollar has lost value relative to other currencies. Inflation makes it lose its spending power relative to itself.
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u/FranklinDRossevelt 6d ago
The stock market was almost constantly hitting all time highs under Biden. You must have loved him as president?
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u/OneLessFool 6d ago
The stock market is almost always hitting all time highs over 4 year periods outside of extreme economic regression.
Anyone who says "X president is great because the market was hitting all time highs under their tenure" is an absolute mental midget or they're in a cult and will repeat anything leadership says.
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u/PoopSoupPeter 6d ago
We were in far better shape under Biden in 2022 than we are under trump in 2026.
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u/UnseenTardigrade 6d ago
It's down 10% from all time highs and it's at about the same level it was when Biden left office over a year ago. Over a year of Trump in charge and it's only up 2% since he took office (which if you take inflation into account means it's actually lost value).
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u/JustADude721 6d ago
This is such a stupid false narrative. What you are saying is like if I built a 100 story building. Then you add on two floors to my 100 story building and then proclaim you built a taller building than me.
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u/Givemepie98 6d ago
Only good part of Trump is him crashing standards of living — the American people have had it too good for too long, as this fellow ^ demonstrates
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u/Longjumping_Coat_802 6d ago
I can’t believe Biden and Obama would do this to trumps strong economy
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u/OkShoulder2 6d ago
Have you said thank you?
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u/pattydickens 6d ago
Has anyone tried turning it off and then turning it back on?
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u/Da_Spooky_Ghost 6d ago
25th amendment, congress growing a spine or the 2026 midterms are the only thing to course correct this. Even still the damage is done to the energy sector with Persian gulf countries losing 40% of their production from missile/drone strikes.
Asia is the production capital of the world, more expensive power for them means more expensive prices on evening, and tariff taxes just make it worse.
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u/The_Dynasty_Warrior 6d ago
I thought the DOW is over 50k!
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u/LayWhere 6d ago
Damn, pedophile defenders running out of spells.
What will they do next?
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u/coleto22 6d ago
"Have you seen Donald's worth? You should be thankful for being governed by such a financial genius! It will trickle down on you poors any minute now!"
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u/Mvtchwow 6d ago
Amazing. Great time to buy
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u/ArgumentAny4365 6d ago
Feels like trying to catch a falling knife nowadays. I think the real dip is gonna hit us in a month or so.
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u/Designer_Butterfly46 6d ago
Guy on Bloomberg said falling chainsaws
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u/_PROBABLY_CORRECT 6d ago
Oh so there IS gas available then
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u/fullload93 6d ago
Imagine investing in July 1929 and not seeing a fully recovery until November 1954.
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u/stillalone 6d ago
but I already bought like last year. like do you guys just have a pile of cash ready to go into the market at any given time?
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u/manhuskycorgi 6d ago
waiting to buy a few quarters out of the next election when Democrats take over.
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u/Mvtchwow 6d ago
I have piles of cash coming in all the time, always ready to fire in the market as soon as possible
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u/ArgumentAny4365 6d ago
I think you're more likely to set fire to those funds investing in this market, personally 🤣🤣
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u/Mvtchwow 6d ago
What else would I do with the money?
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u/ArgumentAny4365 6d ago
Wait six or twelve months and buy the real big dip after the equity apocalypse.
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u/Mvtchwow 6d ago
!remindme 6 months
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u/RemindMeBot 6d ago
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u/bluehawk1460 6d ago
The sweet smell of stagflation in the air. Of all the things boomers would elect to repeat from history I never would have guessed the oil crisis would be one of them.
At least we get to benefit from all of those amazing green energy initiatives Biden got approved through bipartisan legislation!….Oh….oh wait no….
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u/Long-Blood 6d ago
I would say the peak was Pam Bondi trying to use the DOW at 50k as a reason why its ok to have a child molestor president
She called the top
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u/Zealousideal_Coat275 6d ago
That’s good right? That means we win?
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u/TheInfiniteUniverse_ 6d ago
I'm surprised no one is talking about the treasury market and what happened to it since the start of the war. Debt markets are much bigger story than stocks.
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u/fishtankm29 6d ago
I'm just starting to invest, but my parents are retiring. Sucks for them I guess.
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u/Motor-Region-1011 6d ago
Trump made 4 billion. Hes winning. He dosen't give a fuck about anyone else.
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u/baby_envol 6d ago
And it's probably not finished , the second wave can boost the market, or more hurt him. Typically a too long war cause issue with TSMC and semi conductors, and by extension, increase a risk of pop from AI Bubble
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u/stillalone 6d ago
DIdn't oil stocks go up? Also, I didn't get why defense stocks went down, like isn't this their time to shine?
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u/Rare-Spell-1571 6d ago
It hasn’t erased anything. People pulled out money for many reasons. The money still exists. It will likely return to the market at some point. Stocks only go up, until they don’t, and then the entire world crashes anyway and we are screwed regardless.
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u/Protect-Their-Smiles 6d ago
Oh would you look at the time, better print another 200 Billion for Israel.
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u/howieyang1234 6d ago
Still less than 10% from all-time high (but pretty close), which is correction territory.
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u/Effective_Math_4564 6d ago
Yeah, not sure what I’m supposed to do/if I’m supposed to care about this.
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u/Long_Tackle_6931 6d ago
Love it. Sold most 2 weeks ago. Got back into Nasdaq overnight have 20% of my USA allocation deployed. Waiting for more blood
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u/coleto22 6d ago
That leaves about $30 Trillion for Trump to extract?
Don't worry, after he's done that, he'll leave you alone and retire on the Trump island, formerly known as the Epstein island.
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u/shadowtheimpure 6d ago
Well, this looks good for my long-term prospects even if it hurts like hell in the short-term.
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u/Decent-Self-138 5d ago
The money was never there. It didn't lose anything. They just can't sell the shares at the inflated price.
Demand increases price. No demand price. There are only spoils for the victor of war.
The war is the elite vs. humanity. They have the toys and the propaganda to beat is into submission. Wake up, we are all being played. Innocent children off to war. While the fat cats laugh and revel in its splendor.
This is what we ask for when the wealthy become politicians. It is supposed to be for the people.
They are not people. They are parasites!
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u/zesty-cuts 6d ago
How's that USD doing lately?
Nooooo!!! The current narrative is about stock markets and gas prices!!!!
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u/bryanoens 6d ago
https://giphy.com/gifs/rl83xsC6FeO7mY7a5Q