<p>OT - Can someone enlighten me on the 'Trump trade'? The market just keeps marching north, no matter what kind of disarray the administration is in. Yes, I know that big infrastructure expenditures, lower taxes on corps, dismantling of any oversight on corps, et. al. looks like a business 'goldmine'. But the market is reacting as though this is 'locked' to be a reality, ignoring how Trump ping-pongs on all his policy, makes promises one day and retracts them the next, and so on. He's being treated as a reliable player which he certainly is not. And there's no guarantee that he won't be impeached. </p> <p>Is the idea that even if he is impeached (it'd be hard to pull off, given that they'd need Republican votes to do it - and there are plenty of Republicans that would like to see him gone, but it a tricky act to perform for them), things will get better with Pence as president, given that he's on board with the stated (but not yet realized) policies, and he's not a whack job like Trump.</p> <p>Is that it? Can we expect DOW 40k? He's already making world leaders nervous with zig-zag realiability and slight - the market doesn't discount the possibility of a serious crises he may create?</p>