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The BBC says Trade, Tech Questions Weigh on US Stocks.

"Analysts said the sell-off in the US reflects uncertainties affecting many aspects of the economy, including a rise in borrowing costs; debate about data regulations; and trade."

Analysts Wrong

This is not about trade, not about regulations, not about Intel which plummeted by more than 7% after a report that Apple plans to stop using Intel chips.

This is about absurd valuations across the board as the pool of greater fools finally ran out.

Mike "Mish" Shedlock.