The Market is Tanking

No stock picks today – just more Trump fallout:

• Politico – White House on edge: ‘We are kind of helpless’

Looks like the Stock Market has finally noticed the Trump Administration’s meltdown – futures are down hard this morning.

Not that I thought any of Trump’s big programs stood a chance of actually passing – but as long as Wallstreet could keep the narrative going – Equity Markets played along:

• Business Insider – Now we know what it takes for Wall Street to wake up to Trump risk
• CNBC – Delay in Trump agenda is biggest risk to the market now, portfolio …
• Bloomberg – McConnell Wants Revenue-Neutral Tax Plan, at Odds With Trump
• MarketWatch – Trump impeachment? Bookies odds increasingly point to an early exit

Let’s see how today goes – all the futures are in the Red:

• ZeroHedge – Bill Blain: “Talking To Accounts The Bottom Line Is Asset Prices Continue To Rise Despite Our Disbelief”