Greg Hunter – Market analyst Lynette Zang says even with the new tax cuts passed in Congress, the market looks like “it’s running out of steam.” Zang explains, “I have been noticing in the past month some pattern shifts that would indicate to me the market is struggling and breaking down.
So, these tax cuts make earnings per share look a lot better and also brings back a lot of funds. . . . The CEOs are saying that money will go into share buybacks, and they need to because that is shifting. . . . Corporate buy backs are actually breaking down.”