tRUMP factors add up to yet more uncertainty in this Country, and the Markets hate uncertainty. And besides, the markets have not really had a down cycle in quite a while. Housing is suffering and Mortgage Interest rates are sky high. Jobs are slowly disappearing/reduced in numbers (Wanted ads). Consumer sentiment is trending lower, and shoppers are nervous about the economy, which results usually in consumers holding back part of their earnings to save for a 'rainy day'/uncertain times.
And we all know of the crap that tRUMP has started w/ our major trading partners. Tariffs are popping up everywhere and as a result, prices are bound to increase for American Consumers and shortages probably will happen. And on the reciprocal side (the US exporting goods) I don't see anything good happening here, w/ Canada, Mexico, Japan, China and the EU all putting up tariffs to counter tRUMP's garbage/tariffs.
Be alert and be aware of trends and don't let your guard down. If you got money in the markets and you made some decent money, take some off the table, park it somewhere. Warren Buffet is doing the same thing; he's got over $300 billion sitting on the sidelines so he's anticipating something to happen I suspect. The Fed is getting nervous too, they pretty well stopped increasing interest rates, and went to sort of a wait and see situation. Increase them again to fight inflation? Thing is, w/ tRUMP and his stupid tariffs, prices are bound to go up on everything now. Kind of a propagation effect (all of the other increases forces other things to go up too).
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