The US stock market has been largely reacting to public statements and posts by President Donald Trump in recent months, which affects the dynamics of key indices. Bloomberg reports this, writes UNN.
Details
According to analysts, Trump's comments and his activity on social networks have become a determining factor for the sharpest rises and falls of the S&P 500 index since his return to power.
He holds the market in a suffocating grip
Market reaction to statements
In particular, the S&P 500 index fell after tough statements regarding war with Iran and rose after signals of possible negotiations. Analysts note that the market reacts almost instantly to the president's rhetoric.
Similar volatility is also observed on the oil market and in the commodities sector.
Unprecedented influence
Experts point out that such a level of influence of one political figure on financial markets is unprecedented in modern US history.
I have never seen a market that reacts so strongly to daily statements from the White House
Investors are increasingly expecting changes in rhetoric as a signal for market movement, which heightens its instability.
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