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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs Trump manipulating the stock market?
Why Doesnt the Media Seem to Care That Trump Could Be Purposely Manipulating the Stock Market?
And yet, very strangely, there has been almost no mainstream media analysis of whether Trump could be manipulating the market deliberately, and with ill-intent. While speculative, and way outside the bounds of behavior that would be conceivable for a normal president (which may be why the news media has a blind spot here), it seems that there exists a very strong circumstantial case that something extremely unethical, perhaps even illegal, could be happening here, and that media should at least be asking questions about the issue....
What I am suggesting is possible, is something more along the lines of Trump creating enormous value for people who can be helpful to him by simply tipping them off perhaps by innocently calling for their advice that he is planning on tweeting, for instance, that a deal with China is in the works. Because tariffs are one of those rare matters on which everyone knows where the market stands, having that kind of knowledge, especially for someone experienced in day trading, would be like handing a teenage boy the key to the changing room at a Victorias Secret fashion show....
In fact, in a logical world, you could even argue that Trump causing the market to go down, when it is so obviously contrary to his goal of reelection, is a strong indication that there may be some other force of self-interest (the only power Trump understands) motivating him to facilitate this outcome. Obviously none of these comes close to proving that Trump cynically and perhaps illegally manipulating the stock market, but isnt time for the news media and major Democrats to at least start asking the question?
https://www.mediaite.com/opinion/why-doesnt-the-media-seem-to-care-that-trump-could-be-purposely-manipulating-the-stock-market/
RKP5637
(67,032 posts)pwb
(11,205 posts)They suck canal water.
He and his cronies are shorting then he makes up some shit that causes a drop then changes the story and the market just follows his fat ass,they are making millions every time he says something about tariffs ..
virgogal
(10,178 posts)he wouldnt do it for personal gain.
Hoyt
(54,770 posts)manipulate markets. But, it makes interesting speculation, I suppose.
TreasonousBastard
(43,049 posts)mia
(8,356 posts)Hoyt
(54,770 posts)If it were just tariffs, its possible. But, its not just tariffs.
TreasonousBastard
(43,049 posts)For a time, Mr. Trump was able to stave off his coming collapse with the help of a new public role: He traded on his business-titan brand to present himself as a corporate raider. He would acquire shares in a company with borrowed money, suggest publicly that he was contemplating a takeover, then quietly sell on the resulting bump in the stock price.
"He has an appetite like a Rocky Mountain vulture", his stockbroker, Alan C. Greenberg, told The Wall Street Journal in 1987. He'd like to own the world."
From 1986 through 1989, Mr. Trump declared $67.3 million in gains from stocks and other assets bought and sold within a year.
But ultimately, the figures show, he lost most, if not all, of those gains after investors stopped taking his takeover talk seriously.
Since then he's been shameless about pumping his properties to investors and then letting them go belly up. His Panama deal is a shining example. No doubt the vanishing Moscow deal, too.
at140
(6,110 posts)to lower interest rates which will save Trump 10's of millions in interest rate in his business.
I don't think Trump knows much about the stock market, except that it has gone up 50% since election,
which is a huge bubble getting ready to pop.
juxtaposed
(2,778 posts)of the volatility with the markets. And yes he's the reason why it is volatile.
PoindexterOglethorpe
(25,746 posts)For one thing, the market is a lot larger than people realize. And is the U.S. market performing markedly different from all the other markets?
Another thing is that this "volatility" involves typically one or two percentage points a day. Gasp! The horror! The death-defying plunge of the Dow!
Oh, wait. That's really not very much. Yeah, there was a bigger drop earlier this year, but right now the Dow is up some 5,000 points from that dip in January.
Over time the market goes up. Trying to time the market is a true Fool's Game. And keep in mind, that while the Dow periodically reaches new highs, it never reaches new lows.
So if you've made a bunch of money in the market lately and want to realize some of those gains, go for it. Just don't sell everything thinking a crash is just around the corner.
The NYT investigation into the Trump family finances going back to dear old Dad should be required reading. Trump has been manipulating the stock market for decades! I think one of his scams is he breaks the law in plain sight. We are more suspicious of back room skullduggery. This guy just does it in the daytime from the Oval Office on the news.
TheFarseer
(9,308 posts)I think its hard to pull off even for the president because its hard to tell how the market will react to news. If its bad, the market could go up because they thought it would be worse and that kind of thing. I would not doubt if his buddies ask him to give a heads up on tariff related tweets.