Ever saw trump wearing a red hat/cap?
Now all financial markets are down and red!
What do you think, it's just a coincident?
It's just a coincidence. The colour a leader is wearing has nothing to do with the performance of the market. The global market is more determined by economic and political happenings in the major world economies. You should be concerned about Trump's tariff war and the escalations in the Middle East. OP's question reminds me of some religious group in my country that places so much significance on colors.