06/02/2026
Want to read the Strait and Narrow??
If anyone has imposed guardrails to limit Donald Trump’s actions, the conventional wisdom goes, it’s the global capital markets. No president likes overseeing a bear market in stocks, least of all this one. That’s particularly true as households’ holdings of equities reach fresh records. Families now have a higher proportion of their financial assets in the stock market than even at the top of the dot-com bubble in 2000.