Although he called it "Liberation Day," I doubt many Americans stockholders felt any freedom after President Trump announced a barrage of reciprocal tariffs against ... well ... everyone, including uninhabited islands. The stock market predictably went into free fall, and instead of elation, most of those who saw their 401ks and mutual funds vanish were experiencing more than a bit of dudgeon. Now that Trump has blinked and paused all reciprocal tariffs except those aimed at China (pronounced by Trump as Chiiiiii-na), I have a question. Did he play with the stock market so that some of his buddies could do some day trading and clean up?
Yesterday, he dropped a hint to his MAGAs on social media. “THIS IS A GREAT TIME TO BUY!!! DJT,” he announced at 9:37 am. Four hours later, he announced his pause and the stock market soared. And guess what? When he give this tip, he was already seriously considering the pause. His own company's stock shot up 22.67%.
This sure smells like insider trading.
Senator Adam Schiff (D-Ca) would like to investigate, but I doubt Congress would tolerate anyone who challenges Trump's integrity.
42 comments:
Shifty Schiff is in no position to investigate; in fact, someone should investigate him. LOLOL
Such a ridiculous notion. First of all, those of you who were complaining about watching your 401(k) drop about 12%, recovered a little more than half that amount in one day. Stocks go up . . . and stocks go down. Been that way for more than 100 years. But, over the entire life of the market, the market has produced all of us who partake, a roughly 8% average annual return.
EVERYONE made a nice gain yesterday, not just those who resent others for presumably having re-gained more dollars than you did.
Whatever advice statement he made yesterday about this being a good time to buy went out to the ENTIRE WORLD, not just his friends. The question becomes why didn’t all of the constant complainers about Trump take his suggestion? If you didn’t, that’s on you!
Bottom line,, the constant complainers made a dollar gain yesterday. A time to be happy! They’re just pissed because they think there are others out there who might have made a bigger gain in dollars than they did.
The stock market is not for everyone. It’s up and down all the time. No one loses money if they don’t foolishly sell in a panic, or never understand why they are in it in the first place, hopefully at an appropriate level for their current age.
I actually expect a pull-back today (Thursday). So, what? I know over time, I’ll be doing just fine.
To the constant complainers . . . . just go to CDs and stay there. The market is obviously not for you.
You write about Nancy Pelosi’s husband’s stock trading ?.
Nancy Pelosi couldn't be reached for comment .... Also, Trump threatened tariffs for a year and a half on the campaign trail. Hell, he'd been threatening for tariffs since the 1980s. Imposing them should have surprised nobody. I sold my stocks last November and bought the dip last Friday. There's money to made in all markets. Winning.
Stock manipulation is illegal but let's not kid ourselves. The rules don't apply to Trump or other powerful Republicans.
Outsider trading?
He was bitch slapped by the bond market for sure!
So, how much did you "lose" in the stock market or from your IRA or other investments? If you didn't sell off or cash in anything, you didm't lose a goddamn penny. An if you hang tight you're gonna make a fat profit soon.
Economics 101
You need to read the art of the deal.
Bernieohare to 4:35, yes, I did.
Bernie, How with a straight face can you use the words integrity and Adam Schiff in the same sentence? This man is a proven liar. He said there was Russian collusion in plain sight when it was all a joke. Went on tv night after night lying. For you to put him in your article is an absolute joke.
This comment is spot on! The stock market is intended for money you can either lose, or do without for a couple years. Overall, staying invested at the correct percentage due to your age is the correct way to participate. In time, you will come out ahead. If you don’t have the time, or the stomach, stick with CDs and other fixed investments for shorter terms.
Finally, a President who knows what he is doing and is not a politician. As long as we have politicians leading us we are in trouble.
The TDS crowd is in a real bind here. If Trump can manipulate the global markets so that only he and his pals profit, then the TDS crowd would have to admit that Trump is really, really smart and the all the European and Asian markets fell into a clever trap set by Trump. Brilliant. He's the most intelligent and powerful man in history if he can do that.
Trump is doing what a real leader should have done a long time ago so easy of with stupid observations.
Yes, Trump did play the market. His 1% friends are much richer today than they were a week ago because they have cash to buy. It will take months for our 401k’s to come back, if they do come back. Yes, he also enjoyed watching world markets quiver. As he says, so many world leaders were begging him to stop. Yes, this is the definition of insider trading. Yes, he should be investigated, but what would such an investigation find? Insider trading! And what would congress and the justice department do about it? Nothing. Think of the billions of dollars this man just cost us. Think of the collective amount of time and resources this man just cost the worlds’ markets. Think of the collective ill will this man cost the US. He looks at all relationships as transactional and you just lost.
Yes, you did loose. It would take 4 more days like yesterday to get back to March 31 numbers. And you’ve been losing since Jan 20.
No but he is playing you dumb democrats including you Bernie.
I’d be interested in knowing how much money the Trump family moved out of the market pre-April 1st.
Another great move by our President
Damn right. Thank you.
Sincerely,
Nancy Pelosi's Portfolio
omg. that book was written by someone else
Above..the tariff pause, is recognized by Wall Street as a “sucker Rally”..because it is a temporary false read to below market norms. We are being fed information that is created as they go…. In other words, no plan. Yes, you/we have lost money in 401k investments …check with your accountant. The insider trading that took place with those who were involved made money.
Only a deranged person would use Schiff to make a point.
Bernie you really do not take Schiff seriously do you.
Why didn't Nancy Lugosi ever share her insider stocks tips? She's mean spirited and stingy. Trump is a magnanimous sharer.
Two years ago I moved all of my investments out of the stock market and into guaranteed security bonds.
I don’t sweat the evening news nearly as much now.
This blog is a disgrace even to the fake media--too many lies by the deranged democrats.
Art of the Deal.
Stop drinking the Kool-Aid. Trump is a huckster, conman who is trying very hard to bankrupt this country. Believe it or not, the fact is that he inherited a great economy from Biden and in only a couple of months is causing decades of harm. You children will come to understand the truth. It will take many years to recover from this major failure 😞
Nancy Pellosie is out of the picture just like Biden. The King Trump can do no wrong and that’s what his sycophants believe.
Yes, I believe in the Art of the Deal. I just hope it doesn’t
land the USA in Bankruptcy like Trump the businessman has done at least 4 times or more.
It’s the Heritage Foundation, John Birch Society, and the GREAT PROJECT 2025 that guides Trump to restore American Democracy all the way back to 1860. Enjoy the new economy, everyone poor except the 1%ers. Just look at the extended Trump tax cuts. Who benefits?
A panic move to pause tariffs to some, not all, because a bigger market loss was about to happen? Great deal for whom? An executive signaling his wealthy insiders to illegally carry on insider trading ? Check your investment portfolios TODAY because they have taken the art of the dive. Waiting for the art of the recession next.
Deranged Democrats….sophomoric name calling like your tyke king……..how about
Vengeful Repugnicans…how’s that feel?
Oversimplified and incorrect explanation
about “it will be alright”. Blatant breach of inside trader laws by the funny king and his wealthy buds. Shame on you for thinking it’s okay to do it, and it does affect all of us. Research the Wall Street
history about the dead cat bounce on stocks …this is not going to hold the market and we all will lose further in our investments, but not the elite inside wealthy hate gang.
Well, he told the world to buy. Thats not insider trading that’s outsider trading lol.
A leader? He hits the markets on our pensions and 401k’s with a tariff that sparks Wall Street to go under water until he brags about and decides to play insider trading with a few wealthy elites…
Leaving our working class struggling with big losses in savings that will not be replaced! Yeah, he’s a leader alright, a lost leader!
The King knows what he is doing. He's a business person , not a crooked politician
Read the Wall Street journal report…trump bragbag had picture and audio of him telling his elite friends in his office, like Investor Charles Schwab, how much he made for them….oh wait, maybe he was giving tours to his friends
By the time China, Canada, and European nations get done with us…….our economy will be in shambles, pricing on goods out of control, job losses……and then the stock market may catch up.
To be fair, he "wrote" Art of the Deal before he bankrupted several casinos. Casinos!
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