Peak Cluelessness In The Acela Corridor

There must be some kind of mind-numbing ether flowing up and down the Acela Corridor because developments on both Wall Street and in Washington are becoming more clueless by the day. That starts with the fact that Donald Trump doesn't seem to know that he is actually President. Nor does Wall Street have a clue that current out-of-this world PE multiples are heading for a giant implosion.