That graph is out of date. A more up-to-date graph shows the uncertainty index is now literally off the charts:
Even that one is more than a week old, so who knows where it is now.
Just think about it. In 2020 people were in lockdown. In many places people couldn’t go out except to go grocery shopping. Every other kind of shop was shut down. Many factories in China were also shut down so things weren’t being shipped. Ships were filling up the ports but couldn’t be unloaded because the places to unload containers weren’t available. Basically, utter chaos.
On his own, Trump has wrecked people’s confidence in the stability of the market to such an extent that it’s now twice as uncertain as during peak COVID. It’s amazing.
Covid was a force of nature, it wasn’t intentionally malicious to even its own nations goals, like the republican party is today (because no, it’s just trump, it’s the entire party and they’ll happily continue after the next election).
That graph is out of date. A more up-to-date graph shows the uncertainty index is now literally off the charts:
Even that one is more than a week old, so who knows where it is now.
Just think about it. In 2020 people were in lockdown. In many places people couldn’t go out except to go grocery shopping. Every other kind of shop was shut down. Many factories in China were also shut down so things weren’t being shipped. Ships were filling up the ports but couldn’t be unloaded because the places to unload containers weren’t available. Basically, utter chaos.
On his own, Trump has wrecked people’s confidence in the stability of the market to such an extent that it’s now twice as uncertain as during peak COVID. It’s amazing.
Covid was a force of nature, it wasn’t intentionally malicious to even its own nations goals, like the republican party is today (because no, it’s just trump, it’s the entire party and they’ll happily continue after the next election).