There's an article today in The Atlantic that is typical of the left's reaction to President Trump. Here's the headline: "The Outrage Over Trump’s Market-Shaking Tweet"
Outrage? Really? Here's the story in a nutshell: the jobs report for May was issued at 8:30 this morning. At 7:21, President Trump tweeted that he was looking forward to seeing the report. Here's his exact tweet: "Looking forward to seeing the employment numbers at 8:30 this morning". It's hardly much of an announcement. It doesn't give away the results.
So where's the outrage? According to the always-outraged left, President Trump hinted ahead of the release of the report that the number would be good. After all, why else would the President be looking forward to seeing the report? And if the President is telegraphing that the result would be a good one, he could secretly be telling his friends that they should be investing in stock market futures which would surely soar once the news came out. In other words, Trump was giving advance market information to his friends so that they could make big bucks. What an outrage!
Of course, this is ridiculous. Trump's tweet went out to something like fifty million followers; that's hardly giving anyone secret knowledge. Beyond that, the stock futures didn't move when the tweet went out. In other words, no one ran to invest heavily in those futures. The bond market did shift slightly after the tweet, but the markets always are moving, so there no way to say that Trump's tweet had any effect at all. So, Trump didn't give secrets to a select few, and no one invested to make a killing on this supposed secret information. So much for the outrage.
The author of the piece in The Atlantic actually realized how silly his article is, so he tried to create some basis for outrage. He "reports" that if Trump sent out this tweet, then he may have also told friends and family last night and they may have tried to profit on the advance warning. There's no proof that any such thing happened. There's no indication of any strange trading in the market overnight. Even the reporter admits this, but he says that there should be a full investigation to make sure that didn't happen. In the world of permanent Trump outrage, there doesn't need to be any indication of wrongdoing; if the President does anything, it must be fully investigated.
It's very tiresome to have to see article after article about supposed outrages committed by the President. Someone should tell the anti-Trump media that not everything is an outrage. Right now, calling something Trump does an outrage is much like what happened during the Obama years with calling something "racist". It's been overdone to such a point, that the whole thing has become meaningless.
Outrage? Really? Here's the story in a nutshell: the jobs report for May was issued at 8:30 this morning. At 7:21, President Trump tweeted that he was looking forward to seeing the report. Here's his exact tweet: "Looking forward to seeing the employment numbers at 8:30 this morning". It's hardly much of an announcement. It doesn't give away the results.
So where's the outrage? According to the always-outraged left, President Trump hinted ahead of the release of the report that the number would be good. After all, why else would the President be looking forward to seeing the report? And if the President is telegraphing that the result would be a good one, he could secretly be telling his friends that they should be investing in stock market futures which would surely soar once the news came out. In other words, Trump was giving advance market information to his friends so that they could make big bucks. What an outrage!
Of course, this is ridiculous. Trump's tweet went out to something like fifty million followers; that's hardly giving anyone secret knowledge. Beyond that, the stock futures didn't move when the tweet went out. In other words, no one ran to invest heavily in those futures. The bond market did shift slightly after the tweet, but the markets always are moving, so there no way to say that Trump's tweet had any effect at all. So, Trump didn't give secrets to a select few, and no one invested to make a killing on this supposed secret information. So much for the outrage.
The author of the piece in The Atlantic actually realized how silly his article is, so he tried to create some basis for outrage. He "reports" that if Trump sent out this tweet, then he may have also told friends and family last night and they may have tried to profit on the advance warning. There's no proof that any such thing happened. There's no indication of any strange trading in the market overnight. Even the reporter admits this, but he says that there should be a full investigation to make sure that didn't happen. In the world of permanent Trump outrage, there doesn't need to be any indication of wrongdoing; if the President does anything, it must be fully investigated.
It's very tiresome to have to see article after article about supposed outrages committed by the President. Someone should tell the anti-Trump media that not everything is an outrage. Right now, calling something Trump does an outrage is much like what happened during the Obama years with calling something "racist". It's been overdone to such a point, that the whole thing has become meaningless.
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