Excerpt below:

But the sudden plummet, which is the Dow’s worst since May, could prove an awkward contrast to whatever lines Stephen Miller wrote for the president re: strapping investors to the jetpack on his back and soaring to heights no one thought possible. Worse, there’s a chance the trend could continue, nixing one of Trump’s only bragging rights. “We are long, long overdue for a serious correction,” David Kotok, co-founder of Cumberland Advisors, told CNN Money. “Will this be the one that takes the market down 5 percent or 10 percent and scares the hell out of everyone?”

Read the whole article at Vanity Fair.

David R. Kotok
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