According to the research firm Sentieo, which spent hours and hours of time scouring the "Risk Factor" sections of 10-Ks and 10-Qs, Trump has been about 3x more likely to be cited by a publicly traded company in the U.S. as a "Risk Factor" in his first 100 days in office than was Obama. Courtesy of the Wall Street Journal, here are a couple of histograms that highlight the comparison:
Since November 8th, several public companies have unsuspectingly fallen into the cross hairs of Trump tweets sending their stocks gyrating violently while adding or erasing millions of dollars worth of market cap in a matter of seconds. Here is just a small sample:
Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.
— Donald J. Trump (@realDonaldTrump) January 5, 2017
Confirming rumors that leaked yesterday, GM has just announced plans to invest $1 billion in its U.S.
Submitted by 720Global's Michael Lebowitz via RealInvestmentAdvice.com,
Submitted via Duane of Free Market Shooter
On Tuesday, president-elect Trump tweeted about General Motors, stating the GM was building its Chevrolet Cruze in Mexico, importing them to the US tax-free, and selling them at US car dealers:
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!
— Donald J. Trump (@realDonaldTrump) January 3, 2017