A Dark Day for Civilization Fails to Dim the Celebration on Wall Street

The stock market has an ugly habit of rallying at the worst possible times. Yesterday, for instance. Western Civilization absorbed a blow from which one of its key tenets, freedom of speech, may never recover. And although we shouldn’t expect Wall Street to miss a beat in its daily scramble to multiply money that has fallen from trees, it would be nice if the markets would occasionally defer to a global mood that, far from being ebullient, verges on fearful.  The takeaway for investors is that no one ever went broke underestimating the cynicism of Wall Street.