Weekend Reading: American Gridlock & Why Mid-Terms Don’t Matter

The election in the United States are behind us. This removed one of the uncertainties that hung out there for the market. We can say the best thing about this is there were no surprises.

With that in the rear view mirror, the focus now shifts back to earnings, stock buybacks, and the Fed. It is on these terms that the market might be in some trouble.

The debt driven sectors, housing and auto sales, are now more in focus. The automobile industry has been the pits for the past two years. Housing, once leading the charge upward, is showing signs of slowing.

What will this all mean for the market as we end the year and enter 2019?

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