> Speculative as it is, the scenario has unnerved investors. The S&P dropped more than 1% on Monday, and the software component of the index fell to its lowest

> Speculative as it is, the scenario has unnerved investors. The S&P dropped more than 1% on Monday, and the software component of the index fell to its lowest level since Trump’s “liberation day” tariff announcement in April. Doubtless some of the wobble is attributable to Trump’s latest tariffs, but Uber, American Express, Mastercard and DoorDash, specifically named in Citrini’s report, all lost between 4% and 6%. So how exactly does the article attribute the movements of the market to this Substack post? What is the proof that this was the cause? Journalism usually deals with proof of what it says but I don't see any in articles like this.