Lorenzo Maria Pacini
The Mad Man Theory has not failed; it has evolved, and the stage on which it operates is no longer the UN Security Council but the Bloomberg terminal in every trading room in the world.
The Madman Theory
There is a pattern that traders around the world have learned to recognize in recent years: a late-night statement from the U.S. president, Asian markets opening in the red, and energy commodities in turmoil even before dawn breaks in London.