Corporate America’s Euphoria Over Trump’s ‘Golden Age’ Is Giving Way to Distress – WSJ

«“The president is a true mercantilist [, a man of the land, the common clay of the new West,] and just isn’t going to believe forecasts about how bad this can get,” said Michael Strain, head of economic-policy studies at the right-leaning American Enterprise Institute. “He needs to put his hand to the hot stove and leave it there until he can’t bear it. The question is how long will that take?”»

https://www.wsj.com/economy/wall-street-trump-golden-age-distress-28a1dfcc?st=jLnPZQ&reflink=mobilewebshare_permalink (gift)

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