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LordCrom@lemmy.world to News@lemmy.world · 10 months ago

Trump's 'buy' tip on social media before his tariffs pause made money for investors who listened

apnews.com

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Trump's 'buy' tip on social media before his tariffs pause made money for investors who listened

apnews.com

LordCrom@lemmy.world to News@lemmy.world · 10 months ago
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President Donald Trump posted on his social media platform Truth Social that it was "a great time to buy.” Less than four hours after his post, Trump announced a 90-day pause on nearly all his tariffs.
  • huppakee@lemm.ee
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    10 months ago

    Bluesky image Via https://bsky.app/profile/onestpress.bsky.social/post/3lmgktsrvqs23

    • bane_killgrind@slrpnk.net
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      10 months ago

      Crazy that it’s so transparent

      • huppakee@lemm.ee
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        10 months ago

        I am not sure about this, but that first spike might correspond with his tweet of ‘buy now’ before he tweeted about pausing the tariffs. If that’s true this is a whole less about secret information for his best buddies and much more about people blindly following his stock market ‘advice’. Immoral either way though.

        • SoleInvictus@lemmy.blahaj.zone
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          10 months ago

          I suspect that tweet was to obfuscate the insider trading by his cronies.

        • Agosagror@lemmy.dbzer0.com
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          10 months ago

          I was on reddit looking at wall street bets, his tweet was 6 hours before the event happened and 5 hours before the insider trading.

          • huppakee@lemm.ee
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            10 months ago

            So the insider trading was one hour after his ‘buy now’ tweet?

            • Agosagror@lemmy.dbzer0.com
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              10 months ago

              No like 5 hours after It was an hour before the announcement

              • huppakee@lemm.ee
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                10 months ago

                Wait what happened first I’m confused. There was an event, then 5 hours after there was the ‘buy now’ tweet and then one hour later there was the ‘nvm the tariffs’ announcement?

                • Zahille7@lemmy.world
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                  10 months ago

                  There was an event. 6 hours before the event, trump tweeted. 5 hours before the event (one hour after tweet) the insider trading happened.

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