One day of selling, even with big block trades, just means some idiot hedge fund got carried out feet first. If it continues this week, in the same confluence of media/Chinese companies, then there's more likely to be something to it, and that fund that blew up is a cover story. (The fact that fund apparently did blow up doesn't mean it's not also a cover.)
If there's seizure of Chinese assets that someone at GC has heard about and is front-running, it probably means China is about to kick off their conquest of Taiwan, rather than something triggering that election security executive order, but we live in weird times so who knows?
One day of selling, even with big block trades, just means some idiot hedge fund got carried out feet first. If it continues this week, in the same confluence of media/Chinese companies, then there's more likely to be something to it, and that fund that blew up is a cover story. (The fact that fund apparently did blow up doesn't mean it's not also a cover.)
If there's seizure of Chinese assets that someone at GC has heard about and is front-running, it probably means China is about to kick off their conquest of Taiwan, rather than something triggering that election security executive order, but we live in weird times so who knows?