Just saw a local news report which said this drop is "the worst since President Trump took office."
Um...no...worst maybe since 2008. Trump wasn't president then.
Already blaming Trump for the drop,
This was not unexpected. Last year I heard a "correction" was imminent. When it didn't happen, the pundits said it would happen this year.
Seems logical the market would fall given the fantastic rise of the Dow. What goes up must go down.
Just so people don't panic and the government doesn't try to fix things.