Ignore the stock market — Wall Street dealing with painful detox from government spending addiction

News Snapshot:

Wall Street is puking big time, and the sell buttons are working overtime whenever the word “tariff” passes from Donald Trump’s lips. If you listen to the fat cat community long enough, you’d think Trump has been in office four years rather than four weeks, and that a small trade surcharge on a car from Mexico is leading us into economic Armageddon. I’m no fan of tariffs for lots of reasons, including I hate paying too much for stuff, but I’ve also taken enough econ and studied markets long enough to know that they’re not the end of the world...