If the Republican majority in the House of Representatives, let alone the Senate, cannot muster the votes to deliver a healthcare alternative to “Obamacare,” how will they ever deliver on highly anticipated items such as corporate tax reform? The investor consternation resulted in eight consecutive down days for the Dow Jones Industrial Average – the longest streak since 2011 and just one day shy of tying a record that dates back to 1978. This mid-March market retreat was a fairly paltry 2%. Yet, it was a reminder that many investors are anxious about the market outlook if President Trump’s perceived pro-growth agenda looks in jeopardy.
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