THE market seems to be overly preoccupied with US President Donald Trump’s antics.
For instance, share-price volatility surges whenever he says anything bizarre, which is quite often.
This is understandable. French President Emmanuel Macron summed it up perfectly when he criticised Trump for treating the Middle East conflict as a show.
He added that when you want to be serious, you don’t say every day the opposite of what you said the day before.
But Trump seems to treat his presidency as just a game. And playing games, especially over on the other side of the world, serves his purposes perfectly.
It helps to deflect attention away from his home turf.
The cost of living for American households has gone from a problem to a crisis because of his import taxes.
Now, however, he has an excuse; he can always blame Iran for pushing up prices in America.
But enough about politics. What is curious is that even after nearly 15 months of dealing with...