Leadership fabric of stock market is pro-cyclical, says Strategas' Chris Verrone

Pulled back from record highs yesterday amid a flurry of trade news from the Trump administration. Let's take a look at the technicals. Joining us now, Chris Brown, head of technical and macro research at strategist Abbott Company Chris, welcome.Good morning to you. >> Great to be here. Thanks for.>> Having me. It seemed like the pullback was kind of meager given the excuses. The markets could have had to pull back even more.So how do you view that in light of where we are in terms of close to record hig ...