By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, +0.14% this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasn’t hard to diagnose: It was the sound of scales falling off of Wall Street’s eyes. The market this week is dealing with the realization that President Donald Trump means all the things he says. He really is a protectionist,really does think America needs to be protected from the world both economically and physically. He really does make policy without much care or thought to get details right, he really has recruited an honest-to-God terrible team, and it actually is kind of dangerous
Source: The honeymoon is over: Wall Street is finally taking Trump literally – MarketWatch