A TROIKA OF NEGATIVE MARKET EFFECT

Yesterday candidate Hillary Clinton tweeted that she would today announce a program to curtail drug price inflation. This had an immediate negative effect on the drug sector.
Meanwhile the Pope is en route to Washington D. C. where many wonder if he will use his speech at a Congress Joint Session to castigate capitalism. Stop wondering.
In the background is the indecision spectacle fostered by the Fed as it continues to tease the economy about interest rates.  Rather than speak with one voice, various Fed Governors hit the airwaves to water muddy. 
Taken together, Clinton, Pope Francis, and Janet Yellin provide a backdrop designed to make investors uneasy, persuading many to throw away excellent stocks.
Some reason: This is an election period. Take campaign pronouncements with a sack of salt. Pope Francis had made his capitalism is bad speech before; making it in Congress doesn't make it any more meaningful. The Fed? Like the too-many-drinks uncle at a bar mitzvah, we've learned to live with strange governing.  Remember the Un-Understandable Greenspan?
Our philosophy remains unchanged:  the longer term drive behind stock prices is the ability of corporations to earn profits, manage well, continue to expand and innovate.  Disregard campaigns, sermons, doubletalk.