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Dow drops 600 points as confusion grows after U.S. tariffs

48 points by Betelbuddy 8mo ago

gitbit-org 8mo ago
I moved my money to Gold and Microsoft when Donald took over. I thought they were safe havens... It's been a bumpy couple of months. :(
- ninininino 8mo ago
  Diversification is your friend, not just across asset classes (equity + bond + precious metals/commodities + hard assets +alts) also trying to pick a single stock to be your safe haven is not always a wise move.
  - cyanydeez 8mo ago
    Not just classes, regions. Japan, korsa, europd are making much safwr choices than the crack thats gotten into Americas securities.
- pfannkuchen 8mo ago
  Aren’t you still up bigly?
burnt-resistor 8mo ago
It will change, but it's currently down 834 points (1.68%) when I looked.
mullingitover 8mo ago
I don't think this is about tariffs (or rather, 'loans' which are inevitably going to be forcibly disgorged by the courts). The crypto market plunged yesterday right as news came out that the OpenAI 'Stargate' project was dead in the water[1]. I think this is a continuation of that crash, and it's the realization that, while everyone was busy partying, the AI bubble hit an iceberg in the North Atlantic. [1] https://www.tomshardware.com/tech-industry/artificial-intelligence/stargate-ai-data-centers-for-openai-reportedly-delayed-by-squabbles-between-partners-sources-say-openai-oracle-and-softbank-disagreed-on-who-would-have-ultimate-control-of-the-planned-data-centers https://www.tomshardware.com/tech-industry/artificial-intell...
blitzar 8mo ago
600 points ... under 1.5% is not a move worthy of any discussion. Call me at 2,000 points and we can talk.
- canadiantim 8mo ago
  Careful what you wish for
  - blitzar 8mo ago
    Down a couple 100 points for the calendar year to date (in feburary) would not bother me in the slightest
    - canadiantim 8mo ago
      Down 2000 points in a day tends to be just the start
- wmeredith 8mo ago
  This is the only sane take. The DOW moving 1.5% is not really news. 600 points sounds like a lot, but isn't. It's clickbait.
- Betelbuddy 8mo ago
  Dow slides 800 points...https://www.cnbc.com/2026/02/22/stock-market-today-live-updates.html https://www.cnbc.com/2026/02/22/stock-market-today-live-upda... In case you dont know, more, and it will trigger the circuit breakers...plus you have margin calls...
  - blitzar 8mo ago
    > more Level 1 (7% drop): Triggers a 15-minute halt (if before 3:25 p.m. ET). 7% is a lot more than 1.6% and the plunge protection team would be active long before then.
orwin 8mo ago
It's a few points, but consumers confidence is low and debt is _really_ high, saving rates are excruciatingly low (especially when compared to developing economies). If I had to bet, US growth should be driven by AI investment, high-earner spending and net exports (a bit like China). Being a net exporter basically mean suppressing workers wages, so that tracks. If tariffs are stopped all at once without being careful about it, I'm a bit wary of the chain reaction. We might see negative growth for a quarter (temporarily), but since the economy is vibe-based these days, that could end up really bad.
- ta9000 8mo ago
  Savings rates are higher in developing economies because there are fewer social safety nets.
  - lubujackson 8mo ago
    Good thing we don't have to worry about a lack of social safety nets in the U.S.....
  - orwin 8mo ago
    Europe would disagree. Also past US would disagree. The issue I have with US saving rate is that the last time they were this low was 2005-2007.
    - deleted 8mo ago
      [deleted]
  - bamboozled 8mo ago
    Saving rates are huge in Japan and they have great social safety nets.
    - deleted 8mo ago
      [deleted]
mark336 8mo ago
There is no doubt the tarrifs are evil, but another question is why aren't companies eating the tariffs?: https://asiaviewnews.com/gigabots/threads?p=100054 https://asiaviewnews.com/gigabots/threads?p=100054
- DoktorDelta 8mo ago
  Why would they? When the tariffs go into effect, companies can raise prices. When the tariffs get rolled back, companies can enjoy the increased revenue by not lowering their prices back down. This is a great deal for them, so they'll keep donating to Trump.
- Braxton1980 8mo ago
  "Why aren't companies choosing to earn less money when there's an alternative?"

48 points by Betelbuddy 8mo ago

I moved my money to Gold and Microsoft when Donald took over. I thought they were safe havens... It's been a bumpy couple of months. :(

ninininino 8mo ago
Diversification is your friend, not just across asset classes (equity + bond + precious metals/commodities + hard assets +alts) also trying to pick a single stock to be your safe haven is not always a wise move.
- cyanydeez 8mo ago
  Not just classes, regions. Japan, korsa, europd are making much safwr choices than the crack thats gotten into Americas securities.
pfannkuchen 8mo ago
Aren’t you still up bigly?

burnt-resistor 8mo ago

It will change, but it's currently down 834 points (1.68%) when I looked.

mullingitover 8mo ago

I don't think this is about tariffs (or rather, 'loans' which are inevitably going to be forcibly disgorged by the courts). The crypto market plunged yesterday right as news came out that the OpenAI 'Stargate' project was dead in the water[1]. I think this is a continuation of that crash, and it's the realization that, while everyone was busy partying, the AI bubble hit an iceberg in the North Atlantic. [1] https://www.tomshardware.com/tech-industry/artificial-intelligence/stargate-ai-data-centers-for-openai-reportedly-delayed-by-squabbles-between-partners-sources-say-openai-oracle-and-softbank-disagreed-on-who-would-have-ultimate-control-of-the-planned-data-centers https://www.tomshardware.com/tech-industry/artificial-intell...

blitzar 8mo ago

600 points ... under 1.5% is not a move worthy of any discussion. Call me at 2,000 points and we can talk.

canadiantim 8mo ago
Careful what you wish for
- blitzar 8mo ago
  Down a couple 100 points for the calendar year to date (in feburary) would not bother me in the slightest
  - canadiantim 8mo ago
    Down 2000 points in a day tends to be just the start
wmeredith 8mo ago
This is the only sane take. The DOW moving 1.5% is not really news. 600 points sounds like a lot, but isn't. It's clickbait.
Betelbuddy 8mo ago
Dow slides 800 points...https://www.cnbc.com/2026/02/22/stock-market-today-live-updates.html https://www.cnbc.com/2026/02/22/stock-market-today-live-upda... In case you dont know, more, and it will trigger the circuit breakers...plus you have margin calls...
- blitzar 8mo ago
  > more Level 1 (7% drop): Triggers a 15-minute halt (if before 3:25 p.m. ET). 7% is a lot more than 1.6% and the plunge protection team would be active long before then.

orwin 8mo ago

It's a few points, but consumers confidence is low and debt is _really_ high, saving rates are excruciatingly low (especially when compared to developing economies). If I had to bet, US growth should be driven by AI investment, high-earner spending and net exports (a bit like China). Being a net exporter basically mean suppressing workers wages, so that tracks. If tariffs are stopped all at once without being careful about it, I'm a bit wary of the chain reaction. We might see negative growth for a quarter (temporarily), but since the economy is vibe-based these days, that could end up really bad.

ta9000 8mo ago
Savings rates are higher in developing economies because there are fewer social safety nets.
- lubujackson 8mo ago
  Good thing we don't have to worry about a lack of social safety nets in the U.S.....
- orwin 8mo ago
  Europe would disagree. Also past US would disagree. The issue I have with US saving rate is that the last time they were this low was 2005-2007.
  - deleted 8mo ago
    [deleted]
- bamboozled 8mo ago
  Saving rates are huge in Japan and they have great social safety nets.
  - deleted 8mo ago
    [deleted]

mark336 8mo ago

There is no doubt the tarrifs are evil, but another question is why aren't companies eating the tariffs?: https://asiaviewnews.com/gigabots/threads?p=100054 https://asiaviewnews.com/gigabots/threads?p=100054

DoktorDelta 8mo ago
Why would they? When the tariffs go into effect, companies can raise prices. When the tariffs get rolled back, companies can enjoy the increased revenue by not lowering their prices back down. This is a great deal for them, so they'll keep donating to Trump.
Braxton1980 8mo ago
"Why aren't companies choosing to earn less money when there's an alternative?"