We've spent time thinking about American democratic institutions were unprepared to handle Trump.
But it seems worth considering how the global financial system is also unprepared for someone with the sole power to move the entire global market to their personal advantage.
But it seems worth considering how the global financial system is also unprepared for someone with the sole power to move the entire global market to their personal advantage.
Reposted from
Bill Grueskin
Dow shoots up over 2,000 points on the news that Trump is pausing most of his tariff scheme for 90 days.
It's the kind of move that would generate massive profits for someone who had an early head's up. Speaking hypothetically here, of course.
It's the kind of move that would generate massive profits for someone who had an early head's up. Speaking hypothetically here, of course.
Comments
An unparalleled wealth transfer from passive investors to the market manipulator himself.