The analyst discusses the market's reaction to President Trump's threat of massive tariff hikes on China, leading to a significant decline. It is noted that this is the largest decline in over six months, with the VIX spiking 29%, marking one of its largest moves ever. Despite the market downturn, the analyst suggests it may be a buying opportunity, particularly if one looks at the returns for a week. The analyst highlights the potential for echoes of trauma in people's minds to explain some of the volatility seen, as there have been good performances of stocks in the last 12 months given the AI and blockchain innovations.