Donald Trump is returning to the White House without many of the guardrails of his first term.
Many Never-Trump Republicans in Congress have converted or been defeated. Former economic adviser Gary Cohn and other anti-tariff voices are not likely to be welcome in the new Trump administration. Special counsel Jack Smith intends to step down. And the Supreme Court has granted presidents far-reaching immunity from prosecution.
Yet there is another force that could deter Trump from some of his most extreme instincts: the $50 trillion US stock market.
During
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