The Market On Monday

  Good morning. It is 37 degrees and rainy here in the Upper Hudson Valley, the forecast predicts rain and temperatures in the high 40s this afternoon. The week's forecast shows a stream of days with temperatures mostly in the 50s. Exactly two weeks ago we were preparing for a huge snow blizzard. Today that snow is really retreating and in my neighborhood the snow on the ground is like cheese on a pizza, spotty but present. However it does really still seem like Winter out there.

  At 9:15 a.m. ET DOW futures are -159 and the price of oil per barrel is stable around $48. The market is poised to open significantly lower.

  The Trump administration came up with a huge goose egg with it's highly flawed roll out and non-vote mess with the American Health Care Act. This alleged health care act was more like a sickness, illness, and death booster. not a whole lot of health in there. This thing was garbage. Here's the problem, the GOP only does two things: cuts taxes for the rich, and then destroy valuable institutions of all sorts be they governmental or cultural or both. The GOP is the ISIS of America, these guys want to cut out from America pretty much anything the doesn't spell we love tax free rich white guys and born again Southern Christianity. This is not conservatism, this is regression. I mean at this rate, they may want to destroy the Constitution and join back up with England.

CNN: Stocks catch a cold; Bank of America tumbles; Oil slips again by Alanna Petroff

"The healthcare bill, although it ultimately won't have a big impact on the economy, was a major litmus test for the president, who has an aggressive policy agenda."

Brooks said a major underlying concern is that Trump won't be able to spend as much as he promised on things like infrastructure, which would support the economy and jobs.