Punch-Drunk Traders Stop Guessing as Trump Runs Markets Ragged
- ‘I nailed that,’ is what everyone wants to say. They didn’t.
- Humans and robots alike are trapped in a torrent of tweets
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When the first Trump tweets hit on Sunday, Paul Nolte knew the peaceful days were behind him in the stock market.
“Have you ever seen the movie ‘Airplane’? It was just a bad week to stop sniffing glue,” said the 56-year-old portfolio manager for Kingsview Asset Management in Chicago. “When that got announced, it was like, well, this is going to be a volatile week.”