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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The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again today—any amount.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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