Experts, market watchers and the authorities in Iran have accused the U.S. President of engaging in market manipulation surrounding the Iran war by timing military announcements around market opens and closes.
On top of that, there have been questions of possible insider trading in connection to Trump’s moves. Last Monday, a spike of highly suspicious and extremely lucrative oil futures trades and prediction market bets took place minutes before Trump posted about the war winding down.
It follows a pattern seen before around tariff policy, and the attack on Venezuela. To parse the accusations of market manipulation and insider trading, we’re joined by Mike Bird, the Wall Street editor at The Economist and co-host of The Economist’s Money Talks podcast.
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He’s been blatantly and unapologetically manipulating the market and funneling funds directly into his and his buddies’ pockets. Why is this worded as if any of this is a mystery?
Because if they don’t he sues for libel and gets bitchy. If you phrase it as a question he doesn’t
Yes.
lol, obviously.
Yes.
Next question.
He’s not only rigging the markets - he and some in his regime are evidently insider trading on polymarket around pants-on-head stupid geopolitical outcomes that the regime duly turns around and executes because making a buck on the side is their guiding principle
And that’s why he is panicking about getting a peace agreement now. He has a big bet on there being a peace agreement by the end of the month. And he can’t do it.
I’d love to see him go down because he lost some people a large sum of money. That would be -hilarious-
Yep. And I already know that he knows to announce unpopular stuff at 4:31 PM Eastern time on Fridays, right after the stock markets close for the week.
I mean it’s a pattern that keeps repeating.
So, yes.
I think I’ve found an exception to Betteridge’s law
Because every headline I see about Trump can be answered with “Yes!”
Well not every headline
Is the Pope American?
…fuck yeah he is…
Betteridge’s law defied.
Articles like this remind me that Lemmy is between 3 weeks to 3 months in the future as a small global conciousness.
It is insane how slowly people in the outside world are piecing stuff together if at all. Many first need to run away from the truth and then go through their 5 stages at a snail pace, often interrupted by the next crisis already.
🌎👨🚀🔫👨🚀
