One week into the Trump presidency (just 207 more weeks to go!) and every day has a new headline to be outraged over.
Last week I spoke about the difficulty of being even-handed: yes, Trump say and does outrageous things, but the media coverage of him tries to manufacture outrage over everything he does which makes it hard for investors to distinguish between what is truly dangerous and what the act of a “typical Republican President”.
The key for financial markets is whether Trump is still likely to manufacture a boom. And the answer would appear to still be yes.
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