It looks like Grinch ended up stealing Christmas after all. And instead of a tall creepy looking green guy, the Grinch is showing up in the form of 536 ignorant politicians who refuse to work together.
I had been hoping for a nice quiet end of the year. Instead, we’re in the middle of the worst last week of the year performance for the market since 1950. The S&P 500 is off 3.5% in the last 5 sessions thanks entirely to the fact that the American political system has become a mockery.
Anyhow, it looks like over the cliff we go and then the political charade begins again next week. Fun times.