isnt there a video of him talking about how much him and his friends made from it? its not really an accusation at this point, he manipulated the market.
News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
I don't see how any of this matters.
He is literally and figuratively above the law. He will face zero consequences.
Should have stuck to simple, safe insider trading like the other guys do. Always with the flashy showing off.
100%, its incredibly obvious.
No, I was watching the bond market. The bond market is very tricky. I was watching it, but if you look at it now, it’s — it’s beautiful. The bond market right now is beautiful. But, yeah, I saw last night where people were getting a little queasy.”
Hard to believe these are US Presidential quotes. Sounds more like some teenage barista smoking pot.
Don't shit on teenagers smoking pot by comparing them to Trump lol
Even the people smoking pot know he's an idiot who doesn't know what he's doing.
Source - I smoke pot.
He made the announcement at 1:18, but there was a high volume spike in SPY at 1:02. He then introduced some friends, like Charles Schwab, in the white house later and said they had made billions. This crash was also the first time MTG bought stocks.
Should be an SEC investigstion with actual consequences for once. Probably won't be, but there should.
Hasn't Elon fired most of the SEC staff, to make sure they don't get in their way...
Hahaha an SEC investigation? I haven't seen a single working class win at the federal level for about 16 years now
With all of the absolutely blatant market manipulation he's done just since he took office, one more charge isn't going to mean shit when there haven't been any consequences yet, and probably won't be any time soon if ever. Anyone else breaking the law this openly and this often would in the very least be in jail without bail awaiting trial, if not already firmly in prison.
Yeah, no shit. His first term was 100% him playing golf and using the treasury as his personal piggy bank, why the fuck would we expect anything different this time around? Wake me up when someone actually does something about it.
You'll have eternal sleep
100% he is making bank off this. So are his buddies. What DOGE was all about, setting up the US Gov't to be fleeced as a cash cow for the crime family. We need these criminals removed and full security audit on our entire gov't computer system. Every US citizen is currently at risk due to negligence but these fools. That doesn't even cover the extensive list of civil rights violations and oh...you know, constitution violations. But it matters not unless the are actual consequences. But money makes those go away.
I feel no one looks at truth social cause screw it but shortly before the announcement of the pause on tariffs trump did post to buy now.
The volume spike was an hour after that post
I mean it's not like he went on Truth Social shortly before he announced the pause and told people it was a good time to buy stocks or anything... right?
According to my mom, this is a good thing because he's helping regular people make money in the stock market.
The MAGAs are actually cheering this because they think they're being invited into the club, when he's just brushing some crumbs off the table for them to fight over in the alley.
I've been saying this all along. Not just about this time, but he has pulled off a similar trade scare every month since he took office, with the same result - he announces tariffs, the market tanks, he rattles his sabre a bit, then pauses the tariffs, and the market rises again.
This has been the third, and biggest one, probably because he needed to make it a big one as he cried wolf for a third time. Which means the next time he does it, it will have to be even bigger.
Its clearly market manipulation, of a type that only president could do, but only if he were corrupt enough.
And? Who’s going to do anything about it? The stupidest people in this country gave a con man unilateral power to do anything he wants, what did they expect?
I mean, dude literally commited treason. "Market manipulation" is quite tame in comparison.
Multiple treasons, and all the people who would punish him for his market manipulation just benefitted from it so they're only going to thank him
And nothing will happen. But i bet a new trans athlete will win 5th place in an event somewhere to divert magas attention.
anyone else buy the dip? because you know all his criminal friends did.
Jail Trump! Jail Trump!
.....and he pardoned himself.
Hold on, is he raping two old ladies on main street while also shooting a dog, stealing 10 cars, developing an illegal DNA chemical and polluting the environment?
.....and he pardoned himself.
He has like 30 something felonies and openly admitted to rigging the voting computers. The man could commit murder on stage and still somehow continue being president.
Insert George Carlin quote number 18647
The American legal system will be unable and/or unwilling to deal with it. Best chance is to send HIM to El Salvador if he ever relinquishes the office.
This should be considered an act of war by...everyone, really. Everyone should pull their stuff out of the US market, be they ordinary Americans, Norweigian oil bonds, or German gold.
Trump will pull this shit again, he has a pattern of pulling the rug, and will keep doing so long after there is no more rug.
Arrest his corporate benefactors for insider trading. They’ll find out loyalty is only one way, or worst case scenario pardoning clear criminal behavior goes on record
If the conman-in-chief somehow made himself above every law, above Constitutional checks and balances, we have to start by removing the criminals that enable and support that, or worst case scenario take every opportunity to highlight it to low information voters
He can only flout the law because he has supporters that enable criminal behavior. Remove them and this all comes tumbling down
He's been accused of a lot of things. Doesn't mean anything until he gets punished
It is kind of amazing how selective the justice system is. There is a man who spent 30+ years in prison for stealing a loaf of bread. Apparently he had a criminal record prior and that meant he had to be thrown in prison for that long for any subsequent crime... but I find that utter bullshit.
Is it 125% for China and 10% for everyone else currently?... for 90 days?
Or is it 10℅ across the board for 90 days?
I'll wait for his next tweet to make all my speculation pointless. Fuck this guy.
There was definitely a rumor that caused a market spike two days ago until the white house immediately called it "fake news" which the media took at Trump's word as they always so gullibly do. Well as it turns, out, this "fake news" got the duration of the pause right to the exact number of days.
Now everyone seems to be pretending they don't remember that this happened just two days ago and I just don't get it. Shouldn't somebody be asking why some random people on Twitter seemed to know Trump's plans in advance?
The only reason he reversed course is because the bond market was shitting the bed. If no one was buying our shitty bonds, then they couldn't issue the debt to pay for the massive tax cuts for the rich they're about to pass. The insider trading wasn't supposed to start until the market bottomed, they will absolutely try this same play again in three months.