I heard an interesting theory recently that he is intentionally creating turmoil in the market to directly benefit himself and his family through market manipulation. Basically his family members short stocks right before he declares massive tarrifs and then they watch the entire market drop and make huge profits. Then they buy stocks before he announces the removal of tarrifs and watch the market go up and make themselves more profit. then repeat - short the market before the tarrif announcements and then buy before they announce the removal. Its speculation but its pretty easy to make money in the stock market when you know exactly what it's going to do.
You are viewing a single comment's thread from:
Sort: Trending
I don't know if that is considered insider trading but I definitely dont think that its legal. I don't think that matters really anyway though. His administration has already broke the law multiple times since coming to office and has pushed the boundaries of whats legal on others. This is all just speculation. I can't confirm it. It just might be an explanation of what's going on. The notion that this is all an expert negotiations tactic just seems absurd to me given that most countries seem to be turning away from dealing with him and are instead working out alternate trade deals with new partners that exclude him.
I don't know if we will ever know the true plan he has with all of this nonsense, if there is a plan.