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Carl. And it was based on trump being able to implement his pro growth agenda. Now, the components of that were a tax cut, dismantling regulation, and infrastructure spending. The Affordable Care act was not a part of that, but it was assumed as a given that he would be able to revise or replace the Affordable Care act. The fact that hes run into some trouble there has jeopardized the tax cut program. Trump campaigned on increasing growth. He said he could get growth from 2 , where its been since the recession ended, to 4 . It now looks like he wont get to 3 . And 3 was what the market was counting on. And so, thats why the market is correcting. Its correcting because maybe trump wont be as successful in implementing legislation as he promised. Now, byron, saying he wont get to 3 60 days in, you dont think its too early to make calls like that . Well, no. Thats 3 for the year, you know. In other words, we arent going to get to 3 unless we have a tax cut and the dismantling of regulatio

United statesCapitol hillDistrict of columbiaBruxelles capitaleCity ofUnited kingdomTheresa mayGerald howardLarry katzElizabeth piperCarl quintanillaJack jacobsLarry kudlowTom mcclellanDavid lidingtonByron wien