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U.S. stock market loses $5 trillion in value in three weeks (www.cnbc.com)

submitted 4 months ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Summary

The U.S. stock market has lost over $5 trillion in value in three weeks as the S&P 500 fell 10% from its record high.

The decline, driven by concerns over Trump’s trade policies and slowing economic growth, has led to weaker consumer sentiment and cautious corporate outlooks.

Barclays strategist Emmanuel Cau noted rising uncertainty among investors.

The selloff has also hit AI-related stocks, with Nvidia down 17% and the Magnificent Seven ETF falling 16%.

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[–] slazer2au@lemmy.world 6 points 4 months ago* (last edited 4 months ago) (2 children)

True, but that doesn't apply here because it implies you want to buy it at the bottom and sell at the top.

Where if you are holding long term buying at any point after a drop is a good time.

[–] BakerBagel@midwest.social 4 points 4 months ago

Or you buy stock in company that has just entered into a death spiral. There is still an actual business that you are buying stocks for, and they can always fail in a downturn