At 9:15 a.m. ET the DOW is -41 and the price of oil per barrel is down. The market is poised to open moderately lower.
It appears to be getting a clearer to a more general portion of the population that our new president is an inveterate liar. This is a CNN headline for this morning - "The candidate who wore out the phrase 'believe me' is the President who's becoming harder to believe". He's a few other things too, a con man, someone who will say anything without a blink of the eye. Most of us saw this a mile away, we knew it was trouble too. Well, the shit is hitting the fan, and you know what, it's going to get a whole lot worse before it gets any better.
CNN: Stocks pull back; Takeover turned down; ING in trouble by Alanna Petroff
"There is no obvious explanation for the poor performance but markets might be starting to question President Trump's ability to deliver on his policy promises," said Andreas Johnson, an economist at Swedish bank SEB.