In the first weeks of the year, the political landscape has shifted in ways that once might have rattled global markets. A foreign leader was captured. The Department of Justice opened a probe into the Federal Reserve. And a disruptive White House intervened across fresh swaths of US commerce.
But rather than recoil, markets have rocketed up — an extension of the risk-taking bravado that has long provided cover for President Donald Trump’s aggressive policy playbook.
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