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samstein's profile
Sam Stein
Sam Stein
Sam Stein
Verified account
@samstein

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Sam SteinVerified account

@samstein

Daily Beast/MSNBC newsletter: https://tinyletter.com/SamStein  Email: steindailybeast [at] http://gmail.com  or samsteintdb [at] http://protonmail.com  or DM

Washington, D.C.
Joined July 2008

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    Sam Stein‏Verified account @samstein 1 Jun 2018

    Trump's foreshadowing jobs-number tweet is a small norm-breaking sin. But it sets up an interesting issue down the road: will the absence of a pre-jobs-numbers release tweet be interpreted by the market as bad impending numbers?

    5:36 AM - 1 Jun 2018
    • 376 Retweets
    • 1,452 Likes
    • MOTR Politics Rich O'Brien A.J. Rowen Jack Luke erika u. Marty Maloney Frances Margolin Pat_LaMay Josie P
    94 replies 376 retweets 1,452 likes
      1. Walter Shapiro‏ @MrWalterShapiro 1 Jun 2018
        Replying to @samstein @kcbyrne

        It's why baseball cracked down on Pete Rose for gambling when he was the manager. Rose never bet against his team, but bookies quickly figured out the meaning of days when Rose didn't bet at all on his team.

        0 replies 1 retweet 7 likes
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      1. Mike Shor‏ @MikeShor 1 Jun 2018
        Replying to @samstein

        And that's one reason (out of many) why presidents don't telegraph the numbers (or *didn't, until now).

        0 replies 0 retweets 10 likes
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      1. BigDogg365‏ @BigDogg365 1 Jun 2018
        Replying to @samstein

        BigDogg365 Retweeted Adam Davidson

        https://twitter.com/adamdavidson/status/1002513386192728065?s=19 …

        BigDogg365 added,

        Adam DavidsonVerified account @adamdavidson
        The President, typically, is briefed on the jobs numbers on Thursday afternoon. The public learns them Friday morning. This President spends hours talking to rich friends each night. If he tells them the numbers early, they can instantly make millions. @SEC_Enforcement https://twitter.com/realDonaldTrump/status/1002510522032541701 …
        0 replies 0 retweets 6 likes
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      1. Fiefdom Of Speech‏ @FiefdomOfSpeech 1 Jun 2018
        Replying to @samstein

        And who among his friends got a pre-tweet warning? There is the opportunity to steal millions of dollars in minutes!

        0 replies 0 retweets 4 likes
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      1. Lloyd Andrews‏ @Thunderballs2 1 Jun 2018
        Replying to @samstein

        YES! Of course if the gutless democrats had any balls every time the jobs report is good they should be on every network yelling TRUMP COOKED THE BOOKS! The democrats always bring a knife to a gun fight. #DemocratsRLosers

        0 replies 0 retweets 4 likes
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      1. Mic Farris‏ @MicFarris 1 Jun 2018
        Replying to @samstein

        Unfortunately, yes - the absence of information can itself be a signal, which is why there should be no foreshadowing under either circumstance.

        0 replies 0 retweets 3 likes
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      1. New conversation
      2. AG_OKC‏ @AdamGoodrich33 1 Jun 2018
        Replying to @samstein

        it's a federal crime

        1 reply 0 retweets 3 likes
      3. 1 more reply
      1. Eric Schmeltzer  🇺🇸‏ @JustSchmeltzer 1 Jun 2018
        Replying to @samstein

        Possibly. God knows the markets and financial reporters look for any spec of a clue in anything.

        0 replies 0 retweets 2 likes
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      1. Übermensch‏ @PrettyCGLL 1 Jun 2018
        Replying to @samstein

        https://www.forbes.com/sites/eriksherman/2018/05/05/sure-unemployment-went-down-because-the-number-of-people-working-did/#7ab653a408bc …

        0 replies 0 retweets 2 likes
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