By Jay Fitzgerald – A blog about Boston, Hub of the Universe, and everything else.


Pegging the president’s vulnerability: It’s the market, stupid

Two months ago, the Globe’s Larry Edelman wrote a business piece with the headline. “For Trump, Wall Street is the rare check and balance worth listening to.” … Fast-forward to this morning. From the WSJ: “Trump Meets His Match: The Markets” … From the NYT: “On Major Economic Decisions, Trump Blinks, and Then Blinks Again.” … Just pointing out the two-month time gap between the pieces. … The most effective resistance to the president isn’t anger and outrage and protests and yet more protests. It’s Wall Street when it realizes it might lose a buck on his policies.

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