Nasdaq Correction: Why History Says the Sell-Off May Be Nearing Its End
In an atypical move for the market, the Nasdaq-100 index already finds itself in correction territory just 1.5 months into the new administration. Usually, optimism abounds during a president's first year in office. However, this is actually a second Donald Trump administration, so maybe that's the difference. What's the one thing that isn't different? The President's penchant for tariffs. When combined with Elon Musk's DOGE team reducing government employment and the potential alienation of key trading partners and allies, investors have sold the market first while waiting to ask questions later.But just how long will the downturn last? Does it look like the correction is nearing a bottom, or is there more pain ahead?Continue reading
In an atypical move for the market, the Nasdaq-100 index already finds itself in correction territory just 1.5 months into the new administration. Usually, optimism abounds during a president's first year in office. However, this is actually a second Donald Trump administration, so maybe that's the difference.
What's the one thing that isn't different? The President's penchant for tariffs. When combined with Elon Musk's DOGE team reducing government employment and the potential alienation of key trading partners and allies, investors have sold the market first while waiting to ask questions later.
But just how long will the downturn last? Does it look like the correction is nearing a bottom, or is there more pain ahead?
