Who Will Donald Trump Turn Out To Be?: We have very little indication of what policies Donald Trump will try to follow or even what kind of president he will be. The U.S. press corps did an extraordinarily execrable job in covering the rise of Trump–even worse than it usually does. Even the most sophisticated of audiences–those interested in asset prices and how they are affected by government policies–have very little insight into Trump's views or those of his key associates.
Will Donald Trump turn out to be the equivalent of Ronald Reagan–someone who comes into office from the world of celebrity with a great many unfixed policy intuitions, but no consistent plan? Will he turn out to be the equivalent of Silvio Berlusconi, who regards the presidency as an opportunity to wreak his kleptocratic will on the country? Or will he turn out to be someone worse than Berlusconi?
I would say that Trump could be any of four figures…