The market's 'triumph of hope over history': Farr

A trader working the NYSE floor.
Adam Jeffery | CNBC

Well, here we are again.

For the umpteenth time in recent memory, our lawmakers are unable to compromise and do the job that the people expect of them.

Yet again our elected officials are more interested in serving their narrow bases of constituents than ensuring the long-term well-being of the nation as a whole.

Yet again the focus on Capitol Hill is on political consequence for the legislators themselves, almost ignoring the potential consequences for the US and her citizens.

Yet again the two sides have dug their heels in so far that they believe there is little choice but to stay the course.

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