The recent stock market gyrations seem to be caused by the imbecile’s daily lip-pursing pronouncements on the economy, or trade tariffs, or war with assorted countries.  We realize that he’s not that stupid, after all.  Of course, he’s trading ahead of his tweets.  This is the real fake news.  He announces tariffs on billions of trade with China, say, after the stock market closes.  Meanwhile, his agents had already shorted the market.  The next day, the market opens down 600 points or something.  He cashes out, buys the market because that night he is going to tweet that he changed his mind.  And so forth.

This is the true power of the presidency.

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