The Markets Are Getting Used to Trump

February 1, 2026

TL;DR

Market reactions to recent global events, such as the capture of Nicolás Maduro, the investigation of Jerome Powell, and proposed European tariffs, have been surprisingly calm.
This market resilience is partly due to better-than-expected economic growth in 2025, with the S&P 500 growing significantly and unemployment remaining relatively low.
Investors appear to be becoming acclimated to President Trump's unpredictable actions, viewing his threats and policy proposals as negotiation tactics rather than imminent economic disruptions.
The timing of news releases on weekends provided markets with a buffer, allowing for more measured reactions when trading resumed.
Despite current market stability, the article suggests that financial markets will continue to price in future threats from the Trump administration.

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