BUSINESS/TRUMP AS PRESIDENT: “Wall Street is learning to live with President Trump’s criticism of prominent companies. Mr. Trump has made a habit of attacking well-known public corporations, including Amazon, Harley-Davidson and Google. In some cases, his supporters have piled on with threats to boycott the companies’ products or services. The stocks of those firms have come under pressure as investors worry that business will suffer. But a look back at months of critical presidential tweets, and their effect on stock prices, suggests that investors are shrugging off Mr. Trump’s broadsides. The stocks of targeted companies typically recover, and there is little, if any, discernible harm done to their business. Nike is the latest firm Mr. Trump has singled out. The sportswear company confirmed this week that it had entered into a new marketing deal with Colin Kaepernick, the former N.F.L. quarterback. Mr. Kaepernick made headlines in 2016 for kneeling during the national anthem to protest police brutality and racism, and has not played in the N.F.L. since the end of that season.”
–Peter Eavis, “Trump’s Thumps Don’t Cause Stock Slumps,” The New York Times online, September 6, 2018