The week that was in markets will go down in history as among the most dramatic and significant, regardless of what happens next. Sharemarket volatility spoke to the extreme uncertainty of the global economy’s direction; the bond market pointed to a profound shift in capital flows.

Investors are all wondering the same thing: will the Trump administration leave them better or worse off. Some see method in the madness. Others believe the optimists are engaging in the delusional act of sane-washing; imparting logic and reason where it does not exist.