4.7 • 1K Ratings
🗓️ 8 April 2025
⏱️ 64 minutes
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0:00.0 | Hello fellow Robo Capital. So hope you're well. This has been without a doubt the most wild, |
0:08.5 | bizarre day I have ever seen in markets. We have a lot to talk about. We're going to dive right in. |
0:15.8 | And then at the end of this video, I'm going to try to give you my best answer as to what the |
0:20.3 | probabilities are that this gets worse. And I'm going to try to give you my best answer as to what the probabilities are |
0:21.2 | that this gets worse. And I'm talking about the fact that the stock market went down today by |
0:26.7 | 2,200 points. And I want to highlight the fact as far as percentage terms, that was a bigger |
0:37.2 | percentage drop than 9-11. |
0:40.6 | And it's right up there with some of the biggest percentage drops we saw during the dot-com bust and the GFC. |
0:46.9 | This is a big deal. |
0:48.4 | This is a very big deal. |
0:50.2 | And then at the end of this video, I'll also try to give you an update on what's happening with YouTube in case you guys saw my last video. |
0:56.2 | All right. Let's get right into the action, guys. First and foremost, like I said, the Dow drops 2,200 points. 5.5%. Josh actually just text me some of the historical drops that would be comparable. |
1:15.6 | And I think the biggest drop we had, this is the major single-day S&P 500 drops. |
1:24.9 | So I'm going to have to focus here on the S&P, not the Dow. |
1:28.0 | April 2000, let's see, we had a dot-com crash day of 5.8%. 9-11. We had 4.9%. GFC, it looks like the biggest |
1:40.2 | one is 9% on one day. The, let's see here. |
1:44.5 | And then Cerva's sickness, the biggest drop, one day drop was 12%. |
1:50.6 | So today on the S&P 500, we are down basically 6%. |
1:57.4 | So that would put us higher than the biggest percentage decline that we saw during the dot-com crash. |
2:06.3 | And again, I'm not talking just nominal numbers. |
2:08.7 | I'm talking about percentage drops. |
2:10.1 | It's an apples to apples comparison. |
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