Fair to say that's an accurate description of the market sentiment at the moment

Dalio's daily note says harmful populism in Trump's agenda may overpower the pro-business side of Trump's agenda.

The market is struggling with the same question. Ultimately it will come down to whether Trump is willing to allow markets to kick and scream for a period while he does what he wants to do.

So far, he doesn't seemed to be glued to a stock ticker.