this post was submitted on 03 Apr 2025
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Economics

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Trump's first 50 days mark one of the worst starts for the S&P 500 under any presidency (finance.yahoo.com)
submitted 1 week ago by [email protected] to c/[email protected]
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Summary

The S&P 500 dropped 6.4% in the first 50 trading days of Trump’s second term, marking the third-worst presidential market start since 1950.

Only Nixon and George W. Bush saw steeper early declines.

Analysts blame uncertainty around Trump’s aggressive tariff agenda, which includes a 25% steel and aluminum tariff already in effect and new levies.

China and Canada have retaliated with tariffs of their own. Experts caution markets haven’t fully priced in the economic risks of escalating trade tensions.

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[–] Bakkoda 7 points 1 week ago

So far