We’ve never put much store in the belief that news moves the markets. It’s the other way around as far as we’re concerned — i.e., the ups and downs of stocks color our perception of the news. Thus, a rally on a day when the headlines are particularly unsettling tends to make us think the news must not be so bad after all, or that investors are so very confident that they’ve simply absorbed it without qualm. Which brings us to the Kavanaugh episode. What are we to make of the fact that stocks have continued strongly higher as the nation’s mounting feud over Trump’s legitimacy threatens to cross the line into bloody violence? Such an escalation is hardly unthinkable, given that Ted Cruz and his wife were chased from a Washington D.C. restaurant Monday night by leftists behaving like Weimar brownshirts. Recall that Germany’s street mobs mutated into an SS in just ten short years.

Shades of Weimar

It is particularly unsettling that Washington police were not summoned to the restaurant and that no one was arrested, even for trespassing. This can only embolden what appears to be a nascent brownshirt movement in the U.S.  If they are not reined in, their protests are going to grow increasingly violent, especially when the object of their hatred moves out onto the street. As for their corporate sponsors — Soros and other super-rich rabble-rousers who despise America — they are playing with fire. And so, for that matter is Wall Street, which thus far has chosen to party alongside developments that could push America into a state of martial law overnight. Anyone who thinks otherwise has not fully considered the seething hatreds that are rending America, nor the likelihood that those hatreds will turn even more savage if, as appears likely, Kavanaugh is confirmed, a watershed event that could happen as early as next Tuesday.