Infrastructure Has a Shaky Foundation

Wednesday saw the biggest market declines so far in 2017, as the evolving mess and kabuki theatre between Washington and the media seriously eroded the chances that any of the President's agenda gets enacted.

Stocks sold off as investors lowered their views on the likelihood that tax and regulatory reforms moving through congress would turn into actual legislation in 2017 -- or at all. Infrastructure stocks like United Rentals (URI) and Vulcan Materials (VMC) took some big hits on Wednesday, as it now seems extremely unlikely that an anticipated infrastructure bill will see the light of day this year....407 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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