How much stock did Trump sell before making his announcement? Who else in his cabinet made sales in advance? How much insider dealing are they guilty of?
Not sure if that'd be classed as insider trading. Everyone knew the tariffs were coming and it's not like they've withheld any particular information other than the specific tariffs per country.
And of course, theoretically the markets could have also gone up after this announcement.
It's market sensitive information that was not available to everyone participating in the market. Whether you buy or sell, if prices go up or down, is irrelevant - if you deal while in possession of that information it is insider trading.
Even passing on any information to a third party relating to trading or venues that has not been made public is insider trading, whether or not the third party acts on it.
Well not really. It's not market sensitive information. It's a fiscal policy announcement. The market reaction is secondary and independent to what's been announced.
The whole thing is a massive insider trading crime. Another few days, they’ll buy back at the bottom of the market, Trump will announce suspensions or reconsiderations of some tariffs, the market bounces back, Trump and friends sell high.
Well nobody has it. It's vanished into thin air for the moment. However, given the markets always bounce back eventually, whoever either holds on to their stock or buys stock on the cheap will be the winners here.
The market index always bounces back eventually, but the index is a basket of stock based on value so may represent entirely different investments pre and post crash. Markets traded on algorithms which are not capable of holding their breath make for extremely volatile “market confidence”.
He was warned by the brightest economists. He did it anyway. He doesn’t give two sh*ts about your retirement. He just wants to manipulate markets for his own gain. Call the SEC and DEMAND AN INVESTIGATION 202-551-2700!!!
Blimey if this was someone having surgery they are going to be recovering for decades to recover from it.
I don't give them much chances to pull through.
Where did all that money go? It’s almost as if it were just noughts and ones in a computer that you could create and destroy at will. Imagine if we could monetise ‘confidence’ to save the NHS and build enough home for people to live in.
Remember in the 1990's when Ms. Clinton talked about a vast right-wing conspiracy? Hmm? Well it laid an egg in the Republican party, the parasite has now hatched and it's eating the Republic.
Obviously markets go up and down all the time (though maybe not by this magnitude). When does it affect things outside the market? When does it really hit the ‘average Joe’?
I’ve been a googled it. Would I be right at saying it’s a small percentage (at the moment at least). The market could still bounce back and Trump spin it as a win without the vast majority of people noticing?
My worry is about reporting it as apocalypse - tbc not what Goodall is doing - and then Trump using that to say they are against everything I do.
Then when he actually starts locking up 100ks of ‘immigrants’ he base refuses to believe what’s going on.
And if he stops before it does can he say ‘the radical left’ went crazy and the world survived. Making it look like his opponents are just crying wolf.
I feel very wise being consulted by you for what I laughably call my thoughts. Don will be appointing me to his cabinet soon. Well, his balls are probably imported (an appalling image) but when a foreigner hits his balls (omg) it is an export. Don's formula: 4376%.
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And of course, theoretically the markets could have also gone up after this announcement.
Can you imagine the uproar if Biden had done such a thing?
Seems he's balked
WH has denied it, blaming the report on a misinterpretation from Fox News host..
🇨🇦 🇩🇰 🇬🇱 🇵🇦 🇺🇦 🇪🇺
🏴🇪🇺🏴🇪🇺🏴🇪🇺🏴🇪🇺🏴🇪🇺🏴🇪🇺
“Investing in innovation: a policy framework for attaining *sustainable prosperity* in the US”
Co-founder & president, the Academic-Industry Research Network:
https://m.youtube.com/watch?v=lB-Z8lZrw5w&pp=0gcJCdgAo7VqN5tD
Growing profits by first neglecting and ultimately completely choking off all humanity will *always* end in collective catastrophic failure.
Cyclic catastrophic failure is built into unregulated predatory capitalism, it’s unsustainable.
See Prof W Lazonick.
Who has benefited from this daylight robbery?
#TheTrumpTariffRecession
#TheTrumpTariffRecession
#RepublicansDestroyingAmerica
#RepublicansDestroyingAmerica
I don't give them much chances to pull through.
Who’s had the last laugh eh? 😉🤣
Then when he actually starts locking up 100ks of ‘immigrants’ he base refuses to believe what’s going on.
Don talked about a rip-off.
Nobody's gonna rip those things off, Honey.
courses should be taxed?