SPENGLER ON HOW TRUMP HAS CONFOUNDED HIS OPPONENTS. “Economic growth is accelerating, stock prices are rising, and consumer confidence is soaring. The only distressed asset in the US market is conventional wisdom, which dismissed the former real-estate developer and reality TV star as a blundering amateur. On the contrary, Trump evinces a shrewdness about American voters better than that of any politician of his generation. Even more importantly, he has the nerve to take risks in order to draw his opponents into battles that he thinks he can win. I can think of no politician with his combination of courage and cunning since Franklin Delano Roosevelt, to whom I compared the then president-elect in a December 2016 essay for Standpoint.”