Dead or Alive, You’re in Trump’s America Now

Markets stumble, Merz falls, Leavitt threatens, students burn, and Social Security starts purging the living.

Good morning! Markets opened down this morning because, of course, they did. Between Germany’s political crisis, Trump’s 1798-inspired deportation binge, and a Social Security Administration that now occasionally forgets who’s alive, investor confidence is understandably brittle. The DAX tumbled 1.8% after Friedrich Merz failed his confirmation vote in …