, Columnist
Markets Better Get Used to Trump’s Manic Mondays
Separating the signals from the noise will be difficult. But not as hopeless as the mess Trudeau is leaving Canada.
Certifying the election was little more than background noise to Monday’s markets.
Photographer: Kent Nishimura/BloombergThis article is for subscribers only.
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We must get used to this. Capital markets’ first day back in earnest after the holiday season saw a series of whipsaws that owed more to politics than anything else. Donald Trump’s confirmation as the next president was barely more than background noise, largely because as far as the markets are concerned his presidency has already begun. Noise, and the occasional signal, is blocking out everything else.