Wall Street commentary during this election year has a distinct flavor of Soviet-style disinformation, at least to this point. The elephant in the room has been air-brushed out of the photo.
The vanishing pachyderm in that metaphor is the question of what Donald Trump will do to American democracy if he again becomes president. It should be clear to everyone by now that he would like to govern as a fascist. If you’re a Wall Street strategist, however, you can’t mention his, uh, authoritarian tendencies, his attempted coup, his indictments or his encouragement of violence. Too many big-money clients, or potential clients, support Trump, so best not to go there. Your bosses would fire you if you did.
