Biggest Market Drop in History?
At one point, the U.S. stock market was down $2.5 trillion that day.
The world’s 500 richest billionaires saw $108 billion disappear from their net worth.
Nvidia’s CEO, Jensen Huang, alone lost $20 billion.
But just like that, the very next day, a massive recovery rally took place.
Investors were reminded of Jevons’ paradox—the idea that technological progress often fuels more demand, not less—a key driver of capitalism since the Industrial Revolution.
Markets can be volatile, but history shows they tend to bounce back. Stay the course.
#StockMarket #Nvidia #Investing #MarketCrash #WealthBuilding
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Kerim Tulun, CFP®
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"ycharts SPY performance throughout presidencies")
How did markets perform under different presidents?
The S&P500 has consistently grown in value over the long term, no matter who’s in office.
