🚨 Today is indeed as @CryptoHayes said, Black Monday!
Former U.S. Treasury Secretary Summers: This is the fourth largest "double-day crash" since World War II, and the market is likely to experience more turmoil—
The other three instances were the financial crisis of 1987, the financial crisis of 2008, and the COVID-19 pandemic in 2020. Such a magnitude of decline indicates that we may be in a phase of emotional collapse and repair for some time to come.
Trump's tariff stick has brought about approximately $30 trillion in economic losses to the global financial market—
U.S. stocks evaporated $47 trillion in two days
The Nikkei index triggered five circuit breakers
Vietnam's and Saudi Arabia's stock indices were halved
Global stock markets collectively plummeted
Even more bizarrely, gold is also turning downward, possibly indicating that the capital markets cannot confirm whether gold can still be used as a last resort payment method in the face of this unprecedented turmoil, showing just how pessimistic the market has become!
Sigh, in the future, we should just mindlessly open a short position before going to meetings…
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