Paul Krugman on Trump and the markets:
"Yes, he’s deeply ignorant about policy. Yes, his rage-tweets constantly remind us of his egomania and insecurity. But we’ve known all that for a while; Trump’s personality is, in effect, already priced in."
Read the article here.
For those who are still in doubt, Trump is the new normal, absurdism is the new normal. Or should we say, absurdism has always been normal, give or take a decade or two.