When Trump Speaks, Wall Street Shrugs

For those of you who are worried about the president of the United States attacking a corporation out of personal pique—Amazon is the latest—you’re right to be worried. But as with every other time Trump has done this, you probably shouldn’t be too worried:

We’ve seen this movie before: Trump says or tweets something about somebody, the target’s stock price briefly goes down, and then a couple of days later it goes back up. This happens so reliably you could probably make money from it if you invested regularly in companies that Trump attacks.

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“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things it doesn’t like—which is most things that are true.

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PLEASE—BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things it doesn’t like—which is most things that are true.

We’ll say it loud and clear: At Mother Jones, no one gets to tell us what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. The deadline’s almost here. Please help us reach our $150k membership goal by May 31.

payment methods

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