The stock market has stormed ahead under the administration of Donald Trump. After a big run-up from November 8, 2016 to year-end last year, the S&P has risen another 8% this year while the Nasdaq composite is up another 15%.
Ever since US nuclear technology was stolen by the post-war Soviet Union, the United States has avoided direct confrontation with nuclear-armed states out of fear of escalation into unthinkable nuclear warfare.