The upshot is that Trump’s tax-and-deregulation agenda appears to be working, assuming his import tariffs – another election promise to working-class folks displaced by globalisation – don’t disrupt the boom.

On foreign policy, it should be noted that for much of 2017 the establishment had boxed in Trump. The only time he’s received media applause was when he enforced his predecessor’s red line by bombing Syria. These days, Trump is untethered and doing pretty much whatever he wants. He resembles a force of nature…

For the most part, Trump is doing it his way, keeping America out of Middle East quagmires while playing nice with the Kremlin and Kim regime. Although this resonates with a war-weary American public, it is anathema to neo-conservative interventionists and liberal hawks. As America’s leading Russian historian Stephen Cohen tells me: “It seems the Russia-gaters and Trump-phobes would rather impeach Trump than avert nuclear war.”