I’ve talked quite a bit lately about how surreal it is that we live (and trade) in a world where the incoming President of the United States routinely moves markets using only his (small-ish) thumbs and a Twitter account.
While anyone could, in theory, affect stock prices with a single tweet, it goes without saying that messages from the new leader of the free world carry a bit more weight. Especially when said messages are essentially extensions of what are likely to be the new administration’s trade policies.
As strange (and disturbing) as it is, we have to roll with the punches (so to speak) and that means making Donald Trump’s Twitter feed part of our mandatory daily reading material.
Just to underscore the point, I wanted to post the following screengrab from an FT story that ran a few hours ago.
You know, if I had no scruples and I could infallibly move stocks with my Twitter account, I might just be inclined to set up an arm’s-length account to frontrun my own tweets.