US Stock Market LOST $5 Trillion in the last 3 Weeks…*Update….

THAT IS a LOT of Money….

A LOT…..

I wonder why?

( I KNOW WHY….Trump and AI)

The S&P 500′s rapid 10% decline from a record high into correction territory has wiped out trillions of dollars in market value.

The market value of the S&P 500 at its Feb. 19 peak was $52.06 trillion, according to FactSet. Thursday’s decline put the index’s market value down to $46.78 trillion.

That makes for a total loss of about $5.28 trillion in about three weeks.

The decline has come in the shadow of President Donald Trump’s burgeoning trade war with several of the United States’ major trading partners, with headlines about tariffs at times seeming to drive market moves. There have also been signs of slowing economic growth, with weak consumer sentiment surveys and tepid outlooks from retailers like Walmart.

“Our interactions with clients indicate that the mood music is changing. While many see recession talk as premature, concerns about erratic policy from the new administration abound, with the ‘uncertainty tax’ hitting growth expectations,” Barclays strategist Emmanuel Cau said in a note to clients.

Another contributing factor to the decline appears to be the unwind of the growth trade related to artificial intelligence….

More…

*Update…

The Market IS UP 600+ points @ 1:00PM 3/14/21025

Note…

Some of this lost money is from small investors and pension funds….