The third quarter was exhausting for investors. In March, the stock market entered a broad trading range of some 3000 points on the “Dow” (Dow Jones Industrial Average). Since August, The Dow has had eight 300 point up sessions and seven 300 point down days. Even as investors were whiplashed by myriad sharp reversals over this period, there has been little progress made in the overall markets.
Markets are increasingly dancing tweet-to-tweet. According to the research team at Goldman Sachs, since Trump assumed office on January 20, 2017, he has tweeted 8,699 times.That’s now apace for 9.7 presidential tweets per day.