Wed, Jan 21, 2026

The markets rallied today because the hostage taker briefly lowered his weapon. But the relief is Stockholm syndrome. The S&P 500 recovered 1.2% after Donald John Trump announced a vague concepts of a framework for Greenland, allowing Wall Street to pretend the previous day's threat to torpedo the Atlantic alliance never happened. This is the TACO principle – Trump Always Chickens Out – applied to sovereign territory. It gave investors just enough cover to buy the dip, effectively paying the ransom while ignoring that the hostage – the global order – is still tied up in the basement.

The Greenland framework was merely the distraction necessary to unveil the real mechanism of the new era: the Board of "Pe ...