stock market was up today...

[NorthDallas40]

Blood bath in the markets today. NASDAQ solidly in correction territory. S&P within about 1% of correction threshold.

 

[85SugarVol]

Blood bath in the markets today. NASDAQ solidly in correction territory. S&P within about 1% of correction threshold.

You think he’ll figure it out? Nah….

 

[NorthDallas40]

You think he’ll figure it out? Nah….

I just wish he’d STFU about tariffs

 

[McDad]

I just wish he’d STFU about tariffs

Me too. I think his tariff rhetoric is a negotiating ploy. He is pro tariff. But i think the amounts and the goods tariffed are exaggerated.

 

[DinkinFlicka]

I just wish he’d STFU about tariffs

Why would he? I guarantee you he (or an entity he owns/manages) is murdering this market and buying it on a bloody clearance.

 

[Orange_Crush]

Why would he? I guarantee you he (or an entity he owns/manages) is murdering this market and buying it on a bloody clearance.

Unless one is living off of their investments, that's what everyone should be doing.

 

[DinkinFlicka]

Unless one is living off of their investments, that's what everyone should be doing.

You missed my point.

He knows he can directly affect the market by threatening tariffs (for a while at least).

"Everyone" doesn't possess that influence/manipulation.

 

[Orange_Crush]

You missed my point.

He knows he can directly affect the market by threatening tariffs (for a while at least).

"Everyone" doesn't possess that influence/manipulation.

I get it. I'm not sure it's possible to be in his position and perform its duties without affecting the market while being in the market.

I stay much more concerned with the specifics of insider trading rampant in the gov't than any sort of general accusations like this.

 

[BigOrangeMojo]

Why would he? I guarantee you he (or an entity he owns/manages) is murdering this market and buying it on a bloody clearance.

Except that's not the case here.

The primary vehicle of his net worth is Truth Social, which wouldnt benefit from tarrifs.

His real estate holdings, as a whole, havent been operating cash flow profitable in 20 yrs. Not sure how tarrifs change that...

 

[DinkinFlicka]

I get it. I'm not sure it's possible to be in his position and perform its duties without affecting the market while being in the market.

I stay much more concerned with the specifics of insider trading rampant in the gov't than any sort of general accusations like this.

"I'm not sure it's possible for him to do what government officials do virtually all the time, even though he is a government official."

Lol.

 

[NorthDallas40]

Why would he? I guarantee you he (or an entity he owns/manages) is murdering this market and buying it on a bloody clearance.

Probably right.

 

[DinkinFlicka]

Probably right.

Nah man it's not possible. I'm just talking out of my ass.

 

[Orange_Crush]

"I'm not sure it's possible for him to do what government officials do virtually all the time, even though he is a government official."

Lol.

I'm not sure I follow. That's basically what I said. I'm not sure that it's possible for the President to President without affecting the market. So do we make it illegal for them to be in the market (which I may be in favor of for all Gov't)?

 

[PEPPERJAX]

Nah man it's not possible. I'm just talking out of my ass.

So, just like every other day?

 

[DinkinFlicka]

Except that's not the case here.

The primary vehicle of his net worth is Truth Social, which wouldnt benefit from tarrifs.

His real estate holdings, as a whole, havent been operating cash flow profitable in 20 yrs. Not sure how tarrifs change that...

If you have the power to devalue something you know will eventually recover, it's not beyond the scope of reason that you could gain from such a scenario.

I don't see why this is hard to grasp.

 

[DinkinFlicka]

I'm not sure I follow. That's basically what I said. I'm not sure that it's possible for the President to President without affecting the market. So do we make it illegal for them to be in the market (which I may be in favor of for all Gov't)?

It's a nice notion but it'd be impossible to enforce. Too many mediums with which to circumvent those kind of rules.

 

[DinkinFlicka]

So, just like every other day?

Every single day.

 

[85SugarVol]

Except that's not the case here.

The primary vehicle of his net worth is Truth Social, which wouldnt benefit from tarrifs.

His real estate holdings, as a whole, havent been operating cash flow profitable in 20 yrs. Not sure how tarrifs change that...

That’s not what Dink is saying.

I don’t have any interests in the Orange Juice business. But if I can tank the price of Orange Juice, knowing that it will eventually recover, I can capitalize on it.

 

[BigOrangeMojo]

If you have the power to devalue something you know will eventually recover, it's not beyond the scope of reason that you could gain from such a scenario.

I don't see why this is hard to grasp.

Except 98% of his assets are tied up in Truth and real estate, neither of which has any notable tarrif connection.

Absent selling Truth or real estate, he has no material funds to capitalize on the market.

 

[DinkinFlicka]

Except 98% of his assets are tied up in Truth and real estate, neither of which has any notable tarrif connection.

I dont see why this is hard to grasp....

Yeah, and every cent I have on paper is in my bank.

 

[Orange_Crush]

NM. Sorry. I thought that was a reply to me...

 

[DinkinFlicka]

I just agreed with you. I've agreed with that since my first post of the matter. I'm literally agreeing with that and saying that I don't see a way around it unless we force our gov't officials from staying out of the market. Further, I stated that I worry much more about specific insider trading, examples being Congress affecting a stock and then profiting from that specific knowledge.

Why do you think I'm disagreeing with you?

Sweetie, you weren't the one I was quoting there.

 

[Orange_Crush]

It's a nice notion but it'd be impossible to enforce. Too many mediums with which to circumvent those kind of rules.

Agreed. Though I do think we could/should have specific laws against insider trading conflicts of interest in gov't--i.e. per specific stock info. Do we? If so, many in Congress should be in jail.

 

[Orange_Crush]

Sweetie, you weren't the one I was quoting there.

See my edit, cutie-bear.

 

[DinkinFlicka]

Agreed. Though I do think we could/should have specific laws against insider trading conflicts of interest in gov't--i.e. per specific stock info. Do we? If so, many in Congress should be in jail.

Where's that meme of the guy sweating whilst deciding between pressing two buttons when you need it?

Unbridled capitalism vs taking steps to reign in market manipulation from people with the power to do so.