General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHe's playing the market.
Twice now, maybe three times because it's hard to keep up with the amount of bullshit he's slinging, tRump has threatened tariffs and backed down on them at the last minute.
Each time, the market experienced a sell-off only to rebound on the backtracking. It's clear that he's shorting the market, and likely working with big traders, to make money on the rebound.
It happened again today and it's a travesty.
Duncanpup
(15,651 posts)magicarpet
(18,464 posts)Pay djt when the market goes down,... then pay djt when the market goes up.
The race to see who will be the world's first trillionaire. Will it be Musk,.. or trDUMP,... or maybe Putie ?
The chaos,... the mayhem,... and the total disruption,... the pain,... the sufferings,... the injuries caused others - is to them almost worth more than the $$$money$$$ itself.
Sociopathic heartless freaks are incharge of AmeriKKKA.
DENVERPOPS
(13,003 posts)many times. He will do all this destructive shit, but the Coup de Gras will be crashing the market like never before. The top 1% will sell short, and taking all the comfortably retired, or near being retired down to paupers. Serfs and Peasants.
Corporate Hedge funds are buying up homes at an alarming rate these recent years, and if people are broke, they will have to sell their homes to even barely subsist.......ALL the building in Denver, for the last five years in particular, has been apartments and not single family residences. Kids starting out now have NO way of affording the mortgage for almost any single family residence.........
The few sales I have seen for young adults just starting out, are parents chipping in with a rather large down payment. Then with fancy financial maneuvering, the payments each year are equal to what the parents can legally "gift" each year, until it is paid off.........
I have seriously asked if ANY of these Politicians have kids, or grandkids, or just don't care......I think it is the later, thinking only of themselves......which is way beyond selfish.......
Joinfortmill
(20,507 posts)Yavin4
(37,182 posts)And blame it on feminism or the LGBTQ community.
Probatim
(3,235 posts)This avalanche is going to be tough to stop.
Scrivener7
(58,875 posts)Irish_Dem
(80,411 posts)Last edited Wed Mar 5, 2025, 05:32 PM - Edit history (1)
But he is also making money off the tariffs in other ways.
rubbersole
(11,114 posts)Insider trading with complete immunity. Nice gig if you can get it.
Irish_Dem
(80,411 posts)Yes wonderful if you can get it.
Joinfortmill
(20,507 posts)Lovie777
(22,258 posts)the USA, that ain't good.
Losing jobs, very little hiring, and prices too high, that ain't good.
Constant lying while making up shit while blaming others, surely ain't good and I walked into my father-in-laws room where he watching BBC and they were showing the WH daily briefing and the spoke women was putting all the blame on President Biden.
Disaffected
(6,257 posts)Pump & Dump with the markets.
Hump & Dump with Jeffry Epstein.
rubbersole
(11,114 posts)IronLionZion
(50,995 posts)Prairie Gates
(7,547 posts)It's a disgrace.
orangecrush
(29,357 posts)Exp
(818 posts)surfered
(12,332 posts)Grifters gotta grift and why not? He controls the SEC and the Justice Dept and the Supreme Court gave him immunity unless hes impeached and what are the odds of Senate Republicans doing that?
DENVERPOPS
(13,003 posts)He started a Crypto Company for his two most worthless spawn males to purportedly run......Weird, huh!!!!???? Not really, they are buying up all the Crypto they can, almost like trying to corner the market so to speak......
Then Trump hinted at changing the U.S. Currency to Crypto based......interesting, huh!!
The U.S. Government would need to buy up all the Crypto to start the Crypto System, and who would have a ton of Crypto to sell?
And how would the U.S. Government pay for all the crypto????? How about with all the Gold in Ft. Knox!!!!!
You do know how Trump has always liked everything Gold.....
Cheney and WBush tried to pull off something equally weird.....Remember the "RED 100's" ??????????
LeftInTX
(34,031 posts)highplainsdem
(60,797 posts)xuplate
(177 posts)And his cronies too.
nilram
(3,507 posts)markodochartaigh
(5,234 posts)One of these ads is selling a program to mimic the trades of government leaders. Even last year the question of whether government leaders should even be able to trade stocks was still on the table. Now, already, the question is how can we all pile onto what is basically insider trading. If you have access to old financial magazines, look back a couple of decades. When Asian and South American financial markets collapsed one of the main factors given was corruption in those countries.
Prairie Gates
(7,547 posts)It's mostly flat since his election. It's down from two weeks ago, pretty badly in fact.
Listen, I wouldn't put it beyond Trump to have his flunkies selling options ahead of his various nonsensical announcements, but I'd like to see something solid.
c-rational
(3,145 posts)Meowmee
(9,212 posts)Im not saying he and others are not playing the market however shouldnt he have backed off everything again if that were the case?
Self Esteem
(2,248 posts)He only did for automakers, which wouldn't really shift the markets all that much anyway. The other tariffs he announced are still in place.
Meowmee
(9,212 posts)Self Esteem
(2,248 posts)Doesn't sound like very effective manipulation to me lmao
Meowmee
(9,212 posts)Maybe shorting? That is usually more targeted etc. I don't know I haven't traded on my own for years. 😁
Self Esteem
(2,248 posts)A dumb fuck who does dumb fucking things without thought.
The more likely explanation is that he's employing pay for play on removing tariffs. If you don't want tariffs on your industry, pay up - to him, of course.
Meowmee
(9,212 posts)I am sure he has done things like this before and all sorts of other crimes.
Eloon made a huge amount from the market just by buying the election.
whopis01
(3,914 posts)High frequency trading benefits greatly from market volatility. They dont really care about the overall market trend. It could go up, it could go down, or stay the same. Just as long as it is noisy. Thats where they make their money and they make a lot of it.
This is right up the alley for Musk and his crypto-bros / tech-bros. This is exactly the kind of manipulation that makes it easy for them to pull money out of market chaos.
Self Esteem
(2,248 posts)It's just Trump extorting concessions and money from the groups most impacted by the tariffs. You want them limited for your group? Pay up.
It's not stock manipulation. Not on such a small level. That's far too risky with little payoff. If it was truly about stock manipulation, he'd have rolled back way more tariffs than just auto.
whopis01
(3,914 posts)The efforts to inject volatility into the market are significant.
Trump doesn't care about that. The people who empower him and manipulate him care about it.
Trump gets what he wants - extorting concessions. His manipulators get what they want - volatility and chaos.
It is a win-win for them.
elocs
(24,486 posts)Emile
(41,380 posts)Hugin
(37,616 posts)The effect is getting weaker now.
