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Good morning. Welcome to squawk alley. Im jon fortt with post nine, sara eisen and wilfred frost. Worldwide alley we can call it this morning. Like it. Squawk exchange. Lucky wilf another hour with me. Meantime top story stocks tumbling here you might have caught early in the premarket action this morning after Trumps Health care fail. So whats next for the markets as it weighs its next step in washington . Joining us now to discuss it, terry haines, evercores isi political analyst. And joining us ceo of labenthal holdings. Welcome back. Thank you. Lets start with the narrative in the markets that the first test of the trump agenda doesnt bode too well for the next pro growth policies like tax reform and infrastructure. Is that right . How are you telling your clients to trade it . Well, what were telling clients is the story is still to be written. I think this is a stumble and not something thats irreversible politically. But con ....