Meanwhile, the aggressive monetary tightening of the past year is only now filtering through to the economy, complicating assessments of whether the Fed has in fact done enough to rein in prices.
Against this backdrop, the President shook up his inner circle, firing chief of staff Reince Priebus and replacing him with Homeland Security boss John Kelly.
Suggest that Trump is not in control of what's going on, and that in fact, Musk is slashing his way through government, and Musk is not popular, and so the whole project lacks that simple, understandable, big idea.