Dow drops 600 points as confusion grows after U.S. tariffs(www.cnbc.com)
27 pointsby Betelbuddy3 hours ago5 comments
  • orwinan hour 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.

    • ta9000an hour ago
      Savings rates are higher in developing economies because there are fewer social safety nets.
      • lubujackson37 minutes ago
        Good thing we don't have to worry about a lack of social safety nets in the U.S.....
      • orwin35 minutes 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.
  • gitbit-org3 hours 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. :(
    • ninininino2 hours 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.
  • mullingitover2 hours 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-intell...

  • burnt-resistor2 hours ago
    It will change, but it's currently down 834 points (1.68%) when I looked.
  • blitzar2 hours ago
    600 points ... under 1.5% is not a move worthy of any discussion.

    Call me at 2,000 points and we can talk.

    • Betelbuddyan hour ago
      Dow slides 800 points...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...

    • wmeredith2 hours 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.
    • canadiantim2 hours ago
      Careful what you wish for
      • blitzar2 hours ago
        Down a couple 100 points for the calendar year to date (in feburary) would not bother me in the slightest
        • canadiantim4 minutes ago
          Down 2000 points in a day tends to be just the start