Ritholtz on What's Causing the Stock Selloff
Channel: Bloomberg Television
Uploaded:
Duration not recorded
Read a transcript preview of “Ritholtz on What's Causing the Stock Selloff” from Bloomberg Television, uploaded on 2026-11-05.
Transcript preview
Language: English (creator captions)
[0:00] First, let's just get the technical aspect of this out of the way.
[0:04] All of your technician trader buddies will tell you, hey, you can't have that
[0:09] gap down there where the market's traded two overnight and then bounce back from.
[0:14] So we kind of took that out, which uh, is not a bad thing.
[0:19] But really we're going through the process of digesting.
[0:23] On the one hand gridlock is great for stocks.
[0:26] We tend to see a rally following, uh, midterm elections.
[0:30] But then as people started to do a little homework, hey, there were over a
[0:35] dozen, uh, referendums on various state ballots about restricting data centers
[0:41] and just carving back, uh, what's been going on?
[0:46] Uh, in an in, uh, I build out. And so some of this is, hey, this is
[0:51] going to be more complex and more expensive than we originally thought.
[0:56] Maybe we're putting some of our, uh, eggs in one basket, and we need to be a
[1:01] little more div