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Nasdaq tanked -38% in 2022. No one talked about that. S&P down 6%, end of world

Posted on 4/2/25 at 4:57 pm
Posted by Saunson69
Member since May 2023
6309 posts
Posted on 4/2/25 at 4:57 pm
S&P is down 6% since Jan 20th. It's down 1.9% since Trump won the election. Nasdaq is down 10% and 4% respectively in same time period

Maybe it was because I wasn't trading much in 2022, but I never heard at any point at all Nasdaq down 38%. That is fricking massive. Couple that with 9% inflation in that same time period. Nasdaq tanked 38% and a new house cost 35% more in this time period. That is atrocious. That drop is almost as much as the '08 recession S&P 500 which was -53% from ATH to bottom. Yet we are down 6% or 2% if you consider election night is beginning, and the world is ending.

Imagine going to buy a house in late 2022 with a tech mutual fund money, and not only do you have 38% less, but the house you are buying now costs 35% more. Speaking of real estate, I do see a big drawback. Houses are costing less, and all the people claiming there wouldn't be a drop in house price (mostly out of bias of homeowners that don't want to see their house price drop) because of so called "people waiting on sidelines after interest rates drop" still aren't buying. Well interest rates have dropped, somewhat, not a ton. No one is buying. It makes sense. People still see through the outrageous prices for shacks costing $800k.
This post was edited on 4/2/25 at 5:15 pm
Posted by Motownsix
Boise
Member since Oct 2022
2621 posts
Posted on 4/2/25 at 5:12 pm to
Sounds like a whataboutism, but September is always a bad month in tech. Not the first September that we saw that sort of correction.
Posted by slackster
Houston
Member since Mar 2009
89380 posts
Posted on 4/2/25 at 5:17 pm to
quote:

Nasdaq tanked -38% in 2022. No one talked about that.


Where the hell were you? Lol this board bitched that they didn’t make money at all during the Biden administration despite proof to the contrary.
Posted by beaverfever
Little Rock
Member since Jan 2008
34210 posts
Posted on 4/2/25 at 5:25 pm to
Bro 2022 was hell.
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
452 posts
Posted on 4/2/25 at 5:31 pm to
This is legitimate commentary on how the news is spun depending on who is president.

In 2022 is was just "the rich getting what they deserved."

In 2025 its "OMG trump is tanking the economy."

On a broader note, the time for fair trade via reciprocal tariffs is upon us. Looks like we will find out if it works.
Posted by castorinho
13623 posts
Member since Nov 2010
84378 posts
Posted on 4/2/25 at 5:43 pm to
quote:

Nasdaq tanked -38% in 2022. No one talked about that.


Posted by notiger1997
Metairie
Member since May 2009
60601 posts
Posted on 4/2/25 at 5:47 pm to
Are you shitting me? This board Freaks the frick out when there is any little drop in the market. The media does as well.
Tomorrow the trolls we haven’t seen in a while as well as some new posters will show up to share all of their wisdom.
Posted by ned nederlander
Member since Dec 2012
5031 posts
Posted on 4/2/25 at 5:53 pm to
quote:

but I never heard at any point at all Nasdaq down 38%


Biden’s approval rating on the economy pretty much cratered and democrats had a very bad election cycle in 2024.

So . . . I think it entered the national consciousness.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47216 posts
Posted on 4/2/25 at 6:18 pm to
quote:

Nasdaq tanked -38% in 2022. No one talked about that




No reason to make shite up
Posted by SulphursFinest
Lafayette
Member since Jan 2015
10017 posts
Posted on 4/2/25 at 6:34 pm to
(no message)
This post was edited on 4/2/25 at 6:36 pm
Posted by HVAU
Up over here
Member since Sep 2010
5031 posts
Posted on 4/2/25 at 6:47 pm to
I see a ~34% drop from 11/21 to 11/22, which was most likely related to a few little issues related to the pandemic.

What we have if the futures markets are indicative of tomorrow’s performance is at least an 8% drop on the DJIA since 12/4/24 (52 week high) with no overarching issues like a pandemic. The NASDAQ in a similar period has shed about 6.5%. The drops are a response to US policy decisions (or the manner in which they’ve been deployed). Of course some believe these are good policies. But comparing the markets of ‘21-‘22 to today’s markets is just trying to be politically self soothing.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
10811 posts
Posted on 4/2/25 at 8:01 pm to
Yeah, 2022 has been absolutely memory holed.
Posted by VABuckeye
NOVA
Member since Dec 2007
37478 posts
Posted on 4/2/25 at 9:59 pm to
quote:

On a broader note, the time for fair trade via reciprocal tariffs is upon us. Looks like we will find out if it works.


Wait until you figure out how these “reciprocal” tariffs were calculated. A five year old with crayons could have come up with better calculations. Do you really believe that South Korea tariffs the US at a 50% rate or that EU is at 39%. Some of you have blinders on.
Posted by AllDayEveryDay
Nawf Tejas
Member since Jun 2015
8467 posts
Posted on 4/2/25 at 11:02 pm to
Prove them to the contrary my good sir
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38370 posts
Posted on 4/2/25 at 11:07 pm to
quote:

Prove them to the contrary my good sir


The whitehouse admitted it tonight
Posted by Lakeboy7
New Orleans
Member since Jul 2011
25287 posts
Posted on 4/3/25 at 7:59 am to
Short term pain, long term gain (in theory)
Posted by WaltWhite504
Member since Sep 2021
1867 posts
Posted on 4/3/25 at 8:17 am to
quote:

No one talked about that.


No one?

Biden's failures were the single focus of every single right wing news outlet for four years. This site might as well have been called the Biden Hate Site because if the man sneezed wrong he got a 500 post thread. He eventually lost the reelection so bad that Dems had to pull him last minute because the population was so well informed on his failures.

We have to be able to freely discuss the impact of the Trump economic plan without someone saying, "No Fair - 'No one' did this to Biden" - because this site most certainly did. And Trump is undoubtably causing the most volatility in the market post WW2.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38370 posts
Posted on 4/3/25 at 8:46 am to
quote:

Nasdaq tanked -38% in 2022. No one talked about that


What is the purpose of lying like this?
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