That's an old term for when the stock market does a large plunge such as today and likely more of that when tariffs happen. The stock market people will watch for the likelihood for a bounce after it hits bottom to buy up stocks going cheap.
GDP fro the first quarter of 2025 is -1.5%, nice economy you have there shame if it gets destroyed.
Just thing with all that tarriff action we can revisit 1930. The Great Depression was triggered by that.
Some of that I've seen a few times. Who gets hammered by that? People who are a few paychecks or less away from financial disaster.
So lets see if the liar in chief felon-47 does the tariffs we will get to see their effect. We are a day away.
03/21/2025
The dead cat bounced. Over the last 5-6 weeks the stock market went down, most due to dire predictions over tariffs. As the felon47 backed away some the market improved (rose) but that was the bounce. So we went from over 44K on the dow down to near 41K and we are now back to almost 42k and sinking again. So as others have said way to go trumpie!
I believe all that market crunch is a lead in to "emergency powers" to mitigate the market. Only a guess.
Keep you powder dry and you head down. Guard you cash.
Eck!
