The S&P 500, tracking 500 major U.S. companies, has declined by 18% since the inauguration as of April 8, 2025. This drop affects 58% of U.S. households, whose savings are seeing significant short-term decreases. Historically, the market has shown resilience. Examining past drops, the largest since 1957 over 5-, 10-, and 20-day trading spans highlight significant downturns in 1987, 2008, and 2020. The current 5-day drop ranks 23rd largest, with a 13.7% decrease. Recovery times vary: the 1987 and 2008 downturns took about one and a half years to recover, while the post-2020 pandemic recovery took just a few months. These statistics suggest that while the market may recover, the timeline remains uncertain.
Victoria Derbyshire
@vicderbyshire
·
Mar 26 Welfare reforms/cuts:
• 370,000 people on PIP now, will lose it – *average* loss £4500 pa
• 2.25m on UC Health affected by a freeze – *average* loss £500 pa
• 3.9m on UC only (without health element) better off by £265 pa on average
• extra quarter of a million people
zerohedge
@zerohedge
·
Mar 28 Personal Income 0.8%, Exp. 0.4%, Last 0.7% (revised down)
Personal Spending 0.4%, Exp. 0.5%, Last -0.3% (revised down)
Sam Coates Sky
@SamCoatesSky
·
Mar 26 Extraordinary. Government estimates
* 3.2 million families lose an average of £1,720 a year
* PIP claimants who are no longer eligible will lose an average of £4,200
* 50,000 more children will be pushed into relative poverty
Peter Stefanovic
@PeterStefanovi2
·
Mar 26 This is shocking. Governments impact assessment estimates
* 3.2 million families lose an average of £1,720 a year
* PIP claimants who are no longer eligible will lose an average of £4,200
* 50,000 more children will be pushed into relative poverty
Sian Berry
@sianberry
·
Mar 26 Impact assessment just dropped shows 3.2 million families losing out on average £1,720, while those who gain only get £420. That is a massive cut to family finances, while 800k current and future people lose PIP to the tune of £4,500.
Our communities need investment not this.
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