The Markets Are Getting Used to Trump

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.

Trying to parse market reactions to world events can feel a bit like armchair psychology. Lately, investors seem to be holding something back—amid a barrage of potentially seismic decisions from the White House, markets have barely budged.

In moments of global instability, traders usually start selling.