Wall Street Got Its Tax Cut, and Now It’s Depressed

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The guardrails protecting democracy may have buckled, but they are not broken. Autocratic forces are ascendant in America, but the story isn’t fully written. Truth-telling independent media is one remaining bulwark against Trump’s unrestrained exercise of power. Our nonprofit newsroom is built for what’s ahead. No oligarchs or billionaires can tell us what to publish. Please stand with us.

I don’t follow the stock market super closely, but I was curious about why I haven’t heard Donald Trump bragging about it lately. This is why:

The market seems to have spiked in anticipation of the tax cut, but then it slumped once it finally got its tax cut. Kinda strange. I guess they’ve got nothing to look forward to now except three years of Trump doing God-knows-what to wreck the economy in service of whatever moronic ideas happen to flit across his brain or capture his attention from Fox & Friends. That’s tough luck, guys, but you know what they say about lying down with dogs.