Chief Market Strategist Don Selkin, was quoted in Bloomberg today for his analysis of the debt ceiling crisis. Here are today’s market notes from Don: 

“The market has declined around 3% since July 8th, which is the day that the second-quarter earnings season kicked off with AA’s report and despite the fact that around 80% of the S&P companies have beaten their estimates. Obviously the drama in Washington is overshadowing everything else.”

Click here to read the complete 7-28-11 Daily market notes