New York Magazine

On Wall Street, A Bipolar Diagnosis

Speculators in a vacuum of information.

THERE ARE FEW PLACES in the world where numbers are taken more seriously than Wall Street. So it was that in the days following Donald Trump’s data-defying upset in the presidential election, even the Masters of the Universe were struggling to comprehend the course of human events. “A Trump rally?” repeated Goldman Sachs CEO Lloyd Blankfein Thursday, after Andrew Ross Sorkin, the host of the Times annual “DealBook” conference for market movers and shakers, asked him about what some pundits had termed the market’s unexpectedly buoyant reaction to the news. “Oh, no, in the market, said Blankfein, a Clinton supporter whose face Trump had

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