Markets Are Struggling to Price Trump’s Rapid Policy Swings

Politics, Geopolitics & Conflict Markets are not reacting to where U.S. policy is headed; rather, they are reacting to how quickly U.S. policy positions are adopted, amplified, and then walked back, or even abandoned. With the Trump administration, the distance between escalation and reversal has shortened to a single news cycle, turning geopolitics into a source of short-term volatility where it would normally be a longer-term indication of direction. This week’s Greenland episode captured that dynamic in real time. Tariff threats surfaced,…