Donald Trump's victory proved a shock to pollsters, gamblers, and stock & bond traders. Stock futures swooned 4.5% last night, but have since mitigated most of their losses. As of this writing the S&P 500 is down only 0.5%. On the bond side, fears that Mr. Trump's...

Here we sit, once again in fiscal crisis as our leaders fail to lead by compromise. Both Democrats and Republicans risk potential political backlash if they fail to find a way forward before the government runs out of money and technically defaults on its debts.