Very important, and in normal times, anything that looks like chaos is poison.
No doubt you have noticed that the Establishment–including those not inclined to absolutely despise Trump and wish that he would keel over with a heart attack every moment of the day–have been screaming like their hair is on fire.
Most of those people would be upset or even furious no matter what Trump did, but there is a subset of people–CEOs, stock market types, and even Realpolitik foreign policy types who might be inclined to give Trump a lot of runway to make decisions–who have been made very nervous by what appears to be chaos and inconsistency in Trump policies.
Tariffs are on! Tariffs are off! Nobody is quite clear about what Trump’s economic policies will be once the dust settles, and it makes them nervous. This is one of the main reasons that markets have been…
