Gridlock in Washington (with the utter failure to pass any kind of new healthcare reform) is the theme, so far, in 2017… with Republicans unable to agree to support their party's latest bill, which is now completely dead, and Democrats simply obstructing everything in sight.
It looks like everyone is tired and unable to do what they were elected to do.
If everyone's tired, how will this failure affect the progress of any other political items that President Trump has on his agenda?
And how will this affect equity markets for the remainder of the year? The SPX has looked pretty tired since March.
It's anyone's guess, I'd say…