Major stock indices set new record highs on Monday as the Dow Jones Industrial Average approached the milestone level of 23,000. Markets continued a remarkable run that has pushed U.S. stocks up more than 20% since Election Night last year. And all the while President Trump’s Democratic and media opponents have been wailing about allegedly grave threats to the republic. Perhaps the hysterical tone is part of the problem. Paul Krugman appears to be so distraught at the possibility of a Trump...

Source: Wall Street Journal October 16, 2017 21:20 UTC