Orange Theory

Today’s WSJ on how the President theorizes over his role in what the Dow Jones does from day to day…

Publicly, Mr. Trump has often dismissed market fluctuations as part of a natural correction, but several people close to the president say he places as much importance on the health of the Dow Jones Industrial Average for validation of his job performance as he does with his polling numbers.

While at the White House, he will often keep the TV tuned to business channels and watch the Dow’s minute-to-minute movements, people close to the White House say. He would get excited about triple-digit gains in a single day and question aides about how certain actions might influence the market, people familiar with the matter said. Asked about Mr. Trump’s attention to the stock market, one person close to the White House said:  “He’s glued to it.”

Read the story here:

Trump Is Gripped by Market Volatility—And His Role in It (WSJ)