hmm
The DOW was at 41,795 the day before the election.
The DOW closed yesterday at 40,503.
That's down 3%, not 20%
You are comparing to the highs, reached when the market first reacted positively to Trump's election and to expected coming reductions in regulation and taxes.
I expect that the DOW will go up a bit over the next couple of months after the passage of Trump's tax bill and after a couple of tariff deals are announced.
Democrats should NOT be confused. In the end, Trump will take care of the rich and the those who own stocks. Inflation will be up. The average person will continue to be outraged at Trump's antics and over the cuts to Medicaid and other programs. However, I expect the DOW and the economy to do just fine, especially when compared to other world economies.
As an aside, unemployment in the private will continue to be very low, since Trump will continue to keep out immigrants and send home others (especially those for our colleges and universities).