The market is behaving as though everything that the US president-elect has promised on his campaign trail will happen on day one. Fat chance. Traders and investors alike think that the promised money will come rolling in when tariffs are slapped on Chinese-made goods as soon as he steps foot in the White House. They think that tax cuts will happen immediately. They think that the power of cryptocurrencies will be unleashed even before the president takes the oath of office. They believe that millions of undocumented immigrants will be rounded up and sent back from whence they came. They even think that vaccines will be banned and fluoride will be removed from drinking water on the first day of the new presidency. Think again. Sure, the Republican Party has control over the three branches of US government, namely legislative, executive and judicial. He also has de facto control of an influential...