Steve’s Barking; Maybe public pension funds don’t want to get caught short

The past year up until October Public Pension funds were having a good year.
Then in October Russian sanctions were demanded by congress.
Shortly there after the administration said that Chinese shouldn’t hold any tech stock for fear of stealing secrets 😂 the markets took a bigger downturn.
The markets went down perchance by these measures.
Perhaps because the markets lost value in institutional investors panicked(?) bringing about the Grinch downturn.