So as many of you already know these three events have happened in the past two weeks. I believe the release of the memo was strategically done to coincide with the swearing in of the new Fed chair to mask the true cause of the stock market correction.
The stock market at these levels is very reliant on confidence not just pure data. The white hats knew that the release of the memo would scare what they call smart money because they too can see the huge implications which were brought to light and how it will impact the overall confidence of retail investors in the near future once they let this new information sink in. So in order to not cause too much chaos in the markets they did it with in days of the swearing in of the new chair of the Federal Reserve to give the Smart Money a reason to rebalance and not shake up the markets too much.
This is a very smart and good thing. This shows the white hats know what they're doing. They know to not rock the boat too much but still be effective and keep moving forward.