For my mainly foreign readers, I got no explanation. Well, I do, but you know it better than I. Look to your own histories, and you will likely see the pattern.
In order to strike a blow against the oligarchs, we handed the keys over to the slightly more rapacious gang of oligarchs, because they insisted loudly and repeatedly that they're not oligarchs at all and it turns out that works, no matter how obviously untrue it is.
Buckle your seatbelts. Today is probably a good day to buy stocks.