Donald Trump’s first 100 days mark the worst for US values ​​market from Gerald Ford

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North -American stocks have lost almost 8 percent during the Russian mountain of the first 100 days of Donald Trump’s second term: the worst start for a new administration since Gerald Ford assumed the presidency five decades ago.

Wall Street S&P 500 dropped 0.4 percent on Tuesday morning. It has declined by 8 percent since the day of its inauguration, as Trump’s aggressive trade agenda has triggered volatility waves that have driven the faith of investors in the growth perspectives of America, and has promoted concerns about a rate -in -man inflation rebound in the world’s largest economy.

The Blue Chip Index, which reached a record in mid -February, last fell for the first 100 days of the President in the second half of 1974, when Ford entered the White House after the resignation of Richard Nixon, according to Financial Times calculations based on factset data.

U.S. stocks were trapped in a prolonged sale driven by a recession and rapidly increasing oil prices.

Bad half a century later, Trump’s attempts to improve the world commercial system by handing the hand of abrupt “reciprocal” rates In most countries, North -American financial markets have fallen in a fresh crisis, according to strategies and investors.

“We have decided to fight with all the children in the yard at the same time,” said David Kelly, Jpmorgan Asset Management Global Strategist. “The markets tell us that there are doubts about whether the United States has the advantage when they have taken all the rest of the world.”

According to George Pearkes, a Macro stratum by Bespoke Investment Group, the investors have been left.

Stocks decreased after Trump’s tariff ads on April 2, but have recovered much of these losses after most rates were postponed for 90 days.

“My model for where we are is Wile E. coyote with his legs turning to the air trying to find out the large amount of a rock -we just jumped,” said Pearkes.

The decrease in the market this year has trapped most Wall Street investors who had planned a market boom under a deregulatory republican administration. More than ten of the biggest banks in America have declined in recent weeks its S&P 500 price goals in the middle of an exodus of capital of assets called dollars.

Lisa Shalett, Morgan Stanley Wealth Management Investment Director, said that investors “have the right to feel sold out.”

Trump’s “Liberation Day” catalyzed the chaos of the market, “he added, again, again, the fare policies that promulgated the highest uncertainty periodically by statements of the administration aimed at tranquility and de -escalation.”

Foreign investors began in the year, with a record of 18 percent of North -American shares, but have sold about $ 60 million from their stakes since the beginning of March, according to Goldman Sachs. European money managers have promoted most of the sale.

So much dollar And North -american treasures have also been affected by investors’ response to erratic Trump’s rates ads.

In the variable income markets, the US technological stocks have recently been more affected by both the Trump rates and the appearance of the Start-up in Chinese AI. DeepSeekWhich stunned by investors in January when he claimed to have built a great model of language for a fraction of the cost of their silicon Valley rivals.

In December, Tesla, Alphabet, Nvidia and Meta-Membes of so-called SEVEN Magnificent-found among the most popular American actions, richly valued, according to a cytigroup analysis.

All four have become “busy shorts”, as investors have cut their exposure and, in some cases, have begun to actively bet on their actions, Citi said in a note to customers this week. “Anyone who was at the (magnificent Seven) was injured,” said Kelly of JPMORGAN.

Trump He himself repeatedly rejected the negative market reaction to some of his fare ads and may have ranked his first 100 days “on the basis of whether he has said he would do so, instead of whether the results have been good or bad so far,” said Thierry Wizman, an outdoor exchange and a rate strategist at Macquarie.