The Dow Jones Industrial Average closed in bear market territory, and S&P 500 hit a new low for the year in Monday's session. Art Hogan, chief market strategist at B. Reilly, joined Cheddar News to discuss. "I think what this market really needs is for the two things that are really driving the narrative: for Treasury yields to stop being parabolic to the upside to have effectively priced in where we think monetary policy is going," he said, "and the strength in the dollar really has to come off the boil."