I’m going to make this short and sweet. There are several reasons for the current downdraft in the stock market right now. The first is how overextended the stock market is, the second reason for the weakness is the reliability issue of the Covid-19 vaccines, the third part is GameStop Corp and AMC Entertainment Holdings Inc which is now spreading to other assets, and the final part is President Biden’s over 40 executive orders, undoing many of the Trump administration’s actions. I’m sure some people don’t believe it but the economy is ‘feeling out’ the new administration’s policies and clearly, the $1.9 trillion stimulus package is being viewed with skepticism.