Source: Washington Post
by Matthew Lynn
“A Rose Garden announcement triggers panic on Wall Street; then a post on Truth Social sends stock prices soaring. A promise of upcoming news launches a market rally, which slumps when the actual news is delivered that evening. Anyone who follows the stock market is familiar with the phenomenon. In President Donald Trump’s second term — particularly its first few months — his abrupt announcements have driven the stock market in a way that past presidents’ moves have seldom done. And that’s troubling.” (05/18/26)