Despite Trump losing both houses of Congress, US stocks opened sharply higher, and Bitcoin also rebounded above $79,000. Is this a case of turning a tragedy into a celebration? No! Is the good news already priced in? Yes! Wall Street's logic is probably that the dust has settled; from now on, whatever Trump wants to implement will have to get past the Democrats first. With less wild speculation, the market is more reassured. I can't even imagine how high US stocks will rise on the day Trump leaves office!