Market illusions of indefinite postponement: asset deflation, no deal Brexit and tariff war

Marcel Proust wrote that “in the markets, an ill emperor is already dead and a besieged city already fallen”, and so it seems with postponement.  The end phase of asset inflation, possibly delayed by a Powell put, will never take place. A China-US tariff war postponed means lasting economic peace between the two nations.  A “no deal” Brexit postponed means it will never occur.