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Barry Ritholtz

Beware 'Peak Trump'

Forecasts about politics are no better than those about markets.
How far it goes, no one knows.

How far it goes, no one knows.

Photographer: Darren McCollester/Getty Images

Christmas came early this year, and my present is: Donald J. Trump, who has given us all a delightful graduate level course in epistemology -- understanding what we do and don’t know and how little most of us understand.

This is not a takedown of Trump. My target is those who think they know better -- pundits, media commenters and party strategists -- but have demonstrated that they know little to nothing.