The Stock Market Just Had 2 of Its Worst Back-to-Back Days in 75 Years. Here's What History Says Happens Next.

There is an old Chinese curse that warns, "May you live in interesting times." It's certainly an apt quote for the times we are living in now, as the Trump administration seems determined to remake the U.S. economy through the use of tariffs -- perhaps leading to a trade war with China.After "Liberation Day" (April 2), in which President Donald Trump unveiled tariff rates far higher than virtually all investors suspected, the S&P 500 (SNPINDEX: ^GSPC) experienced a whopping 10.5% plunge.That's the fourth-worst two-day plunge in the past 75 years. Not only that, the April downdraft came after the market had already been on a downward trajectory since mid-February.Continue reading

Apr 20, 2025 - 20:17

The Stock Market Just Had 2 of Its Worst Back-to-Back Days in 75 Years. Here's What History Says Happens Next.

There is an old Chinese curse that warns, "May you live in interesting times." It's certainly an apt quote for the times we are living in now, as the Trump administration seems determined to remake the U.S. economy through the use of tariffs -- perhaps leading to a trade war with China.

After "Liberation Day" (April 2), in which President Donald Trump unveiled tariff rates far higher than virtually all investors suspected, the S&P 500 (SNPINDEX: ^GSPC) experienced a whopping 10.5% plunge.

That's the fourth-worst two-day plunge in the past 75 years. Not only that, the April downdraft came after the market had already been on a downward trajectory since mid-February.