Truly incredible:
Alphabet, $GOOGL, extends losses to over -9% on the day as Apple explores AI search in its browser.
Not a single 10-minute green candlestick in 2 hours.
In the 97-year history of the S&P 500, there have only been two consecutive days of 5% declines:
-Once during the 2008 financial collapse
- Today
We are living through history, folks
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread)
⚠️SUMMARY OF FED FOMC STATEMENT:
1. The Fed delivered a ‘Dovish Pause’.
2. The FOMC left interest rates unchanged at 4.50%, but still signaled two cuts in 2025.
3. Fed members see the benchmark rate falling to 3.9% this year. The rate-cut outlook for 2026 and 2027 were also…
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