A Presidency about Nothing Might be Good for Markets

It’s hard not to turn on CNN each day without some headline announcing the irretrievable decline of Trump’s presidency. While right-wing media regularly chronicled the no-growth, disastrous Obama presidency (mostly based on the worthless Keynesian measure that is GDP), CNN and other media outlets known to swing left are feeding their viewers a daily diet of the disaster unfolding under Trump. Yet investors plainly haven’t been bothered by the alleged Trump implosion, much as they weren’t fazed by Obama’s economic illiteracy.

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