We will go to the markets where it is not a pretty picture on this Monday.

Dowed down by near 500.

NASDAQ getting bludgeon today down more than 600 points.

That's more than 3%.

So it's ugly across the board.

As we say, Joe, the detox continues.

And it is remarkable how quickly the markets have moved from optimism over Trump 2.0 to pessimism

over how this thing is all playing out. Tesla is a perfect example, what we're calling the Tesla

chainsaw massacre. It's down again. 50% drawdown from its high. Seven weeks in a row, the longest

losing streak ever. The S&P is now at its lowest level

since September. Since September before the election, fresh data today is not helping quell

recession fears, and the NASDAQ is seeing the biggest losses once again. You're taking a live

look right now at the Dow. The numbers are tanking on fears of a recession and trade war.

800 points for the Dow, in fact, right now are pretty much at session lows.

The S&P is down two and three quarters of a percent.

The NASDAQ down four and a quarter for its worst day since 2022.

What started as an ugly day on Wall Street has turned downright hideous, broad base selling

across the board. And, you know,

you could call it a sinkhole that's opened up under the NASDAQ. There's a lot of uncertainty right now.

Trade policy, tax policy, spending policy, immigration policy, and geopolitics are all quite uncertain.

And so I think markets are reacting to that. Maybe Scott Besson should do this. Read his old boss's book,

George Soros, The Age of Turbulance, where he talks about herd mentality. The herd is really negative

...