Living the Year of Volatility

President Donald Trump has violated the biggest taboo. He has crossed the firewall by threatening to sack the Federal Reserve Chairman Jay Powell. This blatant intervention has triggered financial market turmoil in the final trading week of 2018. A market that is normally relatively calm, subdued by Christmas and New Year holidays, is now shaking like a plane in a great turbulence.

For Trump, Powell’s policies are indeed irksome. The

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