One thing happened to spark the drop.
Democrats won/stole the House. Just like 2006.
False. The drop started before the election. Look at the S&P 500, DOW and NASDAQ charts. All of their peaks occurred long before the election. The NASDAQ had lost 10% of its value before Election Day. It’s now down 20%. So, from late August to November 6th, it lost 10% and from November 6th to the first part of December it didn’t lose much. Then it’s lost another 10%. Had the election impacted the market, that other 10% would have been right after the election not a month later. It’s not the election-it’s the tariffs, the interest rates, the bond yields and the global economy - plus the fact the FED wants the economy to crash on Trumps watch (along with the other globalists).