Well, Markdown is a script for converting into HTML, which is far beyond the abilities of Ulysses. But Ulysses does have both inline and paragraph styling, so i

Well, Markdown is a script for converting into HTML, which is far beyond the abilities of Ulysses. But Ulysses does have both inline and paragraph styling, so it would be trivial to replicate Markdown's functionality like italics, strong, headers, et cetera. It doesn't literally do HTML, though, so I wouldn't try to, say, plug it directly into a Markdown processor in a blog. It's designed for producing manuscripts, which it can do in several formats, including LaTeX.