
š Dow Plunges -1,100 Points in Hours
- Opened +300 points, then nosedived as Trumpās tariff bombshells hit.
- S&P 500 lost $1.5 TRILLION in market cap between 10 AM ā 3:30 PM ET.
š„ Timeline of the Collapse:
1ļøā£ 1:00 PM ET: Selling began ahead of Trumpās āinvestment announcement.ā
2ļøā£ TSMās $100B US Boost: 5 Arizona facilities, thousands of jobs, $165B total US investment. Markets briefly cheeredā¦
3ļøā£ 3:40 PM ET: -$1.5T erased as Trump doubled down on tariffs.
šŗšø Trumpās Tariff TSUNAMI
š¹ 25% tariffs on Canada/Mexico start TOMORROW (March 4).
š¹ āNo room for a dealā ā Trump shut down hopes for delays.
š¹ China tariffs hiked to 20% via Executive Order ā +20% in just 2 months (vs. 2 years in first term).
š¹ US average tariff rate could hit 20%+ ā highest since the Great Depression.
š Geopolitical Shockwaves
- US halted weapons sales to Ukraine (WSJ report).
- Plans to loosen sanctions on Russia (Reuters).
š£ Crypto CRASHED
- -$300B wiped from crypto markets.
- Ethereum erased ALL gains post-reserve hype, now -3.5% BELOW pre-announcement levels.
š Economy in Freefall?
- Atlanta Fed slashed Q1 2025 GDP estimate from +3.9% to -2.8% in 4 weeks ā a -6.7% swing.
š„ Whatās Next?
- BRICS tariffs could hit 100% ā worsening trade wars.
- Markets brace for stagflation risks as growth crumbles and tariffs soar.
š¬ Your Take? Is this a short-term storm or the start of a deeper crisis? Comment below! š