My opinion? The Fed changed hands. The interests rates are rising. People are moving their principle to other things than the stock market now for more stable less risky investments.
But, here's the straw that broke the world's back: Trump!
Why?
Because he was just too crazy for the stock markets to survive.
Because what is the one thing that stock markets freak out on?
Unknowns.
Trump is the biggest unknown in the history of the stock market so far.
So, Trump is the last Straw that broke the Stock markets back.
Is this another great recession or Great Depression?
That's really hard to say because logically all the fundamentals are sound,
EXCEPT TRUMP!
So, my point of view is that Trump is so completely unpredictable that he broke the stock market worldwide.
To the best of my ability I write about my experience of the Universe Past, Present and Future
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