General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHere's what that miserable fuck in the White House is doing with the stock market.
He and his cronies in the know:
1) Short the market in anticipation of an absurd Trump tariff announcement
2) Trump makes a ridiculous announcement about increasing tariffs
3) Market tumbles
4) The individuals who shorted the market in #1 above buy back the stocks that they sold short and they take their profits created by the artificial market drop
5) Trump announces an easing of the tarrifs
6) Trump and his cronies "go long" on the stock after covering their shorts and ride the stock back up as it increases in price
7) They sell their stocks right before Trump makes another absurd tariff announcement (which they have previous knowledge of) and take their profits. They have now made money both ways: when the stock dropped, and when it rose
8) Trump makes another absurd tarrif announcement. The stock drops again, lather, rinse, repeat, ad infinitum.
And this is what happens when one man positions himself so the market moves wildly every time he takes a breath.

pnwest
(3,377 posts)It's so crystal clear. The few Republican friends I have left need to see this.
LuckyCharms
(19,941 posts)UpInArms
(52,628 posts)Makes me
LuckyCharms
(19,941 posts)and I can't think of one time when one man had the stock market "by the balls" in this manner.
Others go to jail for market manipulation.
The small man in the White House never will, of course.
Response to LuckyCharms (Original post)
Name removed Message auto-removed
LuckyCharms
(19,941 posts)Arazi
(7,726 posts)LuckyCharms
(19,941 posts)Pinback
(13,166 posts)These are the people who track and report on Congressional members’ trades:
https://unusualwhales.com/politics
https://www.morningstar.com/funds/2-etfs-that-track-congressional-stock-trades
(Warning: They don’t just track Republican trades, so it may not please all DU market watchers.)
Arazi
(7,726 posts)SergeStorms
(19,584 posts)needs to wrest that power away from the orange infant.
Ford_Prefect
(8,342 posts)Beachnutt
(8,663 posts)at its finest.
And very illegal.
Niagara
(10,515 posts)"tarif"




Love it!


ProfessorGAC
(72,378 posts)I think it much simpler to assume they actually thought tariffs would do what he claims & found out they are consequences, plus the fact that they seldom work as well as hoped.
He and his lackeys thought this was his ticket to Rushmore and are simply too dumb to have anticipated the negative reaction.
Your approach presumes competence & strategic thinking when little evidence exists for either.
B.See
(5,195 posts)pulled our money out of the stock market years ago.
We decided some time back that trusting it to the whims, wiles, and whimsy of elites like Trump was tantamount to playing roulette, the slots, horses, or rolling dice.
Nor are we card carrying members of the elite insiders like MTG.
Meowmee
(8,669 posts)lame54
(37,855 posts)CountAllVotes
(21,700 posts)Unrefined crook.