Republican caucuses

Ross Douthat surveys the “Republican mess” after New Hampshire, and says this:

Democratic presidential candidate Bernie Sanders was reported to have come very close to winning the Iowa caucus on Monday after a surge in popularity among voters.  It is reported that the inconspicuous old man of the people, who claims to represent 99.99% of Americans, and who works for the the people and has recently chosen to arise from amongst them, may have actually won their vote in Iowa and has questioned the accuracy of the election results. The Daily Caller reports: But in addition to giving us such delicious schadenfreude to savor, the old coot may have actually won.

It certainly does feel like groundhog day today because while last week's near record oil surge is long forgotten, and one can debate the impact the result of last night's Iowa primary which saw Trump disappoint to an ascendant Ted Cruz while Hillary and Bernie were practically tied, one thing is certain: today's continued decline in crude, which has seen Brent and WTI both tumble by over 3% has once again pushed global stocks and US equity futures lower, offsetting the euphoria from last night's earnings beat by Google which made Alphabet the largest company in th