President-elect Donald Trump is scaring the daylights out of most Americans. He’s playing footsie with our Russian enemy. He’s making scary comments about the nuclear arsenal.
We all know that he is scaring Muslims, Latinos and people of color.
Gay Americans, transgender Americans and anyone one else who doesn’t fit neatly into a little box is afraid that they will be targeted for special discrimination.
But Trump is also scaring everybody with a stock portfolio.
That’s because the businessman-in-chief has a bad habit of going to Twitter to express every tiny thought that crosses his mind. He doesn’t weigh the consequences. He doesn’t take the potential fallout into consideration.
Like a teenager with a bad Twitter addiction, he feels compelled to give his opinions about everything in the world.
One of the downsides of this adolescent habit is that when Trump tweets, he names specific companies that he thinks he can impact. Unlike his predecessors, Trump targets these individual companies, rather than commenting on various economic sectors.
And the result is that when the President-elect points his finger at a company, its stock tanks really quickly. The companies Lockheed Martin, General Motors, Boeing and Ford all saw their stock values crash after Trump tweeted out criticisms of their businesses.
Lockheed Martin shares drop after Trump tweet on defense sector https://t.co/UobIfMQGY8 pic.twitter.com/v7YjOkUZlm
— maysport.xyz (@maysport_xyz) December 31, 2016
https://twitter.com/_FelixSimon_/status/816754040201768961
It’s hard enough to manage a portfolio in this time of crazy economic and political insecurity. When you add in the future President’s influence on the markets, people are close to panic.
But, wait!
If you have invested in stocks, and you don’t know what Trump will come up with next…
There’s an app for that!
No kidding.
A smartphone application called “Trigger” has come up with “Trump Trigger.” This market based app allows users to get notifications whenever the Tweeter-in-chief puts out something snarky about a specific company.
With this app people will be able to buy and sell stocks based in part on any impulsive little tweet that the big guy sends out at 4 AM.
Of course, its absolutely insane that an app like this is needed. Its beyond terrifying to realize that we are about to have a President who is too self-centered and too impulsive to prevent himself from tanking our economy.
We’re going to need more than our smartphones to get through this, folks.
Featured image by 401 (K) 2012 via Flickr. (CC BY-SA 2.0)
