Joe Biden, master oil trader
The president has turned volatility into profit
He has a high-stakes job. War and natural disasters keep him on his toes. He is often on a plane to far-flung places, travelling to negotiate with local leaders. He has the best intelligence money can buy. And as November’s election nears, he will spend lots of time looking at lines on charts. The American president and swashbuckling oil traders, it turns out, have a lot in common.
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This article appeared in the Finance & economics section of the print edition under the headline “Presidential prowess”
Finance & economics May 18th 2024
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From the May 18th 2024 edition
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