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.
Keep you powder dry and you head down. Guard you cash.
Eck!
