So when market goes up it's ALL credit to Trump. Over and over.
Now market goes down and it's the Fed's fault.
Perhaps the market is saying "Blue Wave"?
If the market breaks all the way to election day, I would consider buying the Blue wave break the day after.
Not sure who or what you are reading, but the market is spooked, and it's spooked largely by tariffs. Interest rates are certainly a factor, but an absolutely necessary by-product of economic growth. The market would shrug those off after some relatively minor adjustments. But with rates and tariffs in conjunction?
In the NTR region, I suspect a "Blue Wave" will exacerbate the sell off. Adding the potential of higher taxes and more regulations to the current market dynamics will not build confidence.. Quite the contrary.