Alaska Permanent Fund suffers multibillion-dollar decline amid Trump tariff-driven market crash

Alaska Permanent Fund suffers multibillion-dollar decline amid Trump tariff-driven market crash

The Alaska Permanent Fund, the No. 1 source of general-purpose revenue for state services and the Permanent Fund dividend, suffered a multibillion-dollar loss during last week’s stock market crash.

Alaska: Reason why US bought an entire state from Russia for $7.2 Million

The United States purchased Alaska from Russia in 1867 for $7.2 million, securing access to the Pacific northern rim and ending Russian presence in North America.

Alaska Permanent Fund suffers multibillion-dollar decline amid Trump tariff-driven market crash - Chilkat Valley News

The Alaska Permanent Fund, the No. 1 source of general-purpose revenue for state services and the Permanent Fund dividend, suffered a multibillion-dollar loss during last week’s stock market crash. According to preliminary figures published by the Alaska Permanent Fund Corp., which manages the fund, the fund’s assets declined from $81.7 billion on Tuesday to $79.7 billion at the end of the day on Friday. Figures for Monday were not immediately a…

Reporting From Alaska- Permanent Fund loses $1.5 billion—$2 billion in Trump stock market crash

The Alaska Permanent Fund shed $1.5 billion to $2 billion of market value last week during the Trump Liberation Day stock market crash, dropping from $81.7 billion to $79.7 billion.I have asked the Permanent Fund to explain why there was a $500 million drop in its cash accounts last week. The fund was “engaging in rebalancing transactions.” I have no idea what that means.So the Golden Age Liberation turmoil came to a loss of up to $2 billion as …