Those waiting for that pivot toward Trump being presidential have been disappointed. Instead, they are now extrapolating his policy errors forward, and finding a significant and negative affect on the U.S. economy and stock markets. (Photo: Dario Pignatelli/Bloomberg)

(Bloomberg Opinion) –For those looking for an explanation of why the stock market suddenly become tumultuous in the fourth quarter of 2018, you can stop searching: The answer is President Donald Trump.

I don’t say this lightly.

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