After Trump announced the "Liberation Day" tariffs, there was a global stock market crash. Within two days S&P 500 lost 10%. On April 3, it shed almost 5%, which was the 5th largest single-day percentage decline since 1950.
Following Israel's attack on Iran, S&P futures are not even 100 pts down at midnight Eastern time. 1.6% drop, on average, occurs 10-12 times per year. Markets appear sanguine about this event.
After Trump announced the "Liberation Day" tariffs, there was a global stock market crash. Within two days S&P 500 lost 10%. On April 3, it shed almost 5%, which was the 5th largest single-day percentage decline since 1950.
Following Israel's attack on Iran, S&P futures are not even 100 pts down at midnight Eastern time. 1.6% drop, on average, occurs 10-12 times per year. Markets appear sanguine about this event.
Meh. #finance
BY Random Thoughts
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Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly hard by higher bond yields. The fake Zelenskiy account reached 20,000 followers on Telegram before it was shut down, a remedial action that experts say is all too rare. The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes. Right now the digital security needs of Russians and Ukrainians are very different, and they lead to very different caveats about how to mitigate the risks associated with using Telegram. For Ukrainians in Ukraine, whose physical safety is at risk because they are in a war zone, digital security is probably not their highest priority. They may value access to news and communication with their loved ones over making sure that all of their communications are encrypted in such a manner that they are indecipherable to Telegram, its employees, or governments with court orders. So, uh, whenever I hear about Telegram, it’s always in relation to something bad. What gives?
from ca