A quick look back at valuations (and stock prices) suggest that rather than being 'dragged down' the market is correcting to reflect the reality of Trumps recent actions.
A surge in prices / valuations December 2024 was based on over exuberance and hopes that the newly elected Trump would open markets and promote opportunities for companies.
Now the reality is settling in.... Rather than being dragged down... The market is reacting to uncertainty and fear created from what appears chaotic and amateurish economic, foreign and domestic policies.
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