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.

Fact:

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Fact:

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2024 demands.

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