This is a non-story.

Stocks are up ~9% over the last 6 months and are marginally off of all time highs.

All such one-day market motion stories are "non-stories" then. That the market is primed for a correction is a widely held belief. Eventually there will be a "US stocks fall" story that meets your notability criteria, no?

This says 1% movements happen in 20% of trading days, or about once a week: https://www.optimisticallie.com/p/running-the-numbers

Given that the prior for this is so high along with how many different beliefs there are about why the stock market changes, I'd say that there's a fairly low probability that any given news article's explanation is the real reason behind why it moved 1%.

OP, I don't think you meant to link to where you linked to. https://subs.ft.com/products

Wonder if this is the beginning of the inevitable free fall?

>Wonder if this is the beginning of the inevitable free fall?

Probably not.

The fact the economy hasn’t already gone to shit despite Trump leads me to believe that it is way stronger than many think.

I would love to agree.

Complex systems can be stable but close to collapse. Individually within we see stability and presume everything is fine while laughing at preppers. After a crash we can see all the signs that were there, and we retcon stories about crashes.

Complex systems seem to crash suddenly once a point of criticality is teetered over, where causes and effects that feed on each other driving the crash harder (positive feedback is not positive).

We retroactively create stories about dependencies (Archduke Franz Ferdinand).

Watching systems come back up after a shock is also weird (earthquake in my hometown Christchurch was a spectacular example of recovery).

Trying to diagnose how modern financial crises occurred is eye-opening.

The link is to

https://subs.ft.com/products

Sorry about that, I can't edit it anymore but this is the article:

https://www.ft.com/content/cf711815-09dc-4ef3-8bb7-de6b7cb1f...

Slow news day, huh? And, with LLMs, literally every single random stock movement is potentially newsworthy.

The media has been reporting on market motion since the market has been moving. It certainly didn't need AI overlords to instruct it.

This selloff is more about the emergence of a new world order in the other half of the world, but the news won't admit it.

Care to expand?

I presume they meant the China-Russia-North Korea summit/lovefest.

Personally, I think it should be treated like a corporate press release: PR, maybe even a declaration of intent, but nothing (yet) of substance.