That is exactly how the media promotes further selloff. Promote the doom and gloom. It's crashing! It's crashing! Doom! Gloom! Watch the ticker, watch the ticker!
The market is a confidence game. The memo cut into that confidence of a lot of every day people due to the actions of several in our government.
Lets see if Trump can instill and grow their confidence over the next several weeks.
That and stocks had a great run… gotta bank those gains!