Anthony Crescenzi, a Pimco money manager, says inaction in Washington has hurt the U.S. economy. Greg Valliere, Horizon Investments' chief global strategist, says tax reform isn't the next issue for the Trump administration. Jim Kochan, Wells Fargo's chief fixed-income strategist, says the high-yield market still offers value as yields will move sideways through 2017. Finally, Michael Cohen, Barclays' head of energy commodities research, says most commodity prices are driven lower by macro developments.