How much does your financial future depend on a 140-character Trump tweet, stroke of a pen on an Executive Order, or an off-hand comment to a reporter?

A lot, as these recent news headlines reveal:

• “Trump Sinks Pharma Stocks on Medicare Price Negotiation”
• “Dollar Dumps Most in 30 Years as Trump Raises Doubt Over Strong Dollar”
• “When Trump Tweets, Wall Street Trades – Instantly”
• “Trump, Not the Fed, Is What Moves Markets Now”
• “Toyota Stock Drops Immediately After Trump Tweet”
• “Trump’s Executive Orders Send S&P 500 to an All-Time High”
• “Dow Jones Industrial Average Sells Off After Trump’s Executive Order on Immigration”

As you can see, when President Trump tweets or speaks, the markets react – in some cases violently.

Whatever your opinion of Trump is, there is one thing we can all agree on:

We are in uncharted waters. We have never had a president like Trump. We’ve never had an administration like Trump’s. There is no historical precedent for this. [Read more…] “Trump Tweets, Black Swan Events and Your Money”