“THIS IS A GREAT TIME TO BUY!!! DJT”
April 9, 2025 D.J. Trump
Who was “on the take” as Trump implemented the tariffs and then delayed the tariffs and announced it was a great time to buy.
‘What Billionaire Just Got Richer?’: Trump Tariff Pause Sparks Insider Trading Suspicions, Common Dreams
The timing of U.S. President Donald Trump’s Wednesday social media post declaring that “this is a great time to buy” stocks and subsequent announcement of a three-month tariff pause quickly raised suspicions of possible insider trading and market manipulation by the highest levels of the American government.
The S&P 500, which tracks the performance of the nation’s top publicly traded companies, posted its largest single-day gain since 2008 after Trump pumped the brakes on part of his tariff scheme, which had sent global markets into a tailspin in recent days.
Trump announced his decision hours after effectively urging Americans to buy stocks in a morning post on Truth Social—though at the time there was no public information indicating that any kind of tariff announcement was imminent.
“How is this not market manipulation?” asked Rep. Mike Levin (D-Calif.). “If you’re a Trump supporter and you did what he said and you bought, then you did great. On the other hand, if you’re a retiree or a senior or somebody in the middle class over the last few days that didn’t have the tolerance for risk and you decided to sell, you got screwed.”
When Trump’s pause announcement came hours later, U.S. equities skyrocketed, adding over $5 trillion in value to the market in a matter of hours. Elon Musk, a top Trump lieutenant and the world’s richest man, saw his wealth (largely in Tesla stock) soar by nearly $30 billion on Wednesday, according to Forbes‘ real-time billionaire tracker.
“Who benefited? And who made money?” Sen. Chris Murphy (D-Conn.) asked in a video posted to social media Wednesday evening. “This should matter to you, too, because this could be an enormous scam.”
Read the some more of being “on the Take” here: Trading Suspicions and below.
Is nobody, no government department, going to jump on this?
Oh, and who gained?
“‘They Are Laughing at Us All’: Trump Tariff Whiplash Boosts Wealth of Mega-Rich by $304 Billion,” Common Dreams
“The largest individual gainer Wednesday was Tesla Inc. CEO Elon Musk, who added $36 billion to his fortune as the EV manufacturer’s stock jumped 23%, followed by Meta Platforms Inc.’s Mark Zuckerberg, who gained almost $26 billion,” Bloomberg reported. “Nvidia Corp.’s Jensen Huang saw his wealth rise $15.5 billion as the chipmaker’s shares rebounded 19%, nearly offsetting its 13% decline in the week to Tuesday’s close.”
They are all so secure in doing this.
From the perspective of market volatility, tariff increases disrupt the global trade order and greatly increase the uncertainty of the economic outlook. This makes investors risk appetite sharply decline, capital risk aversion sentiment high. Trading on BYDFi’s platform is bound to become more volatile in the already volatile cryptocurrency market. The otherwise stable rhythm of trading has been disrupted, making price movements harder to predict for mainstream cryptocurrencies such as bitcoin and Ethereum, as well as other niche coins.
Ally:
Sorry, I can not allow you to link to the site. It is akin to advertising and can open us up to hacking. Your commentary on trade and variable tariffs from day to day disrupting investing and increasing national instability as you state is true.
Soon, another elect ion where Democrats will have a chance to change the House membership and maybe the Senate. We are seeing people come out and vote for candidates who are not following Trump. Wisconsin was a sign. Does it portend a change? I think so. Will more people come out and vote for more stable candidates that will represent them? I hope so.
We need change and fast.
The head of the SEC (Paul Atkinson) is a Trump appointee and was just confirmed. Do you think he is going to open or allow an investigation? Any SEC violations would be a federal crime. Who has the power of pardon in federal crimes? Any Congressional inquiry will be quashed by Johnson. News organizations that try to uncover the truth will be retaliated against by Trump. Living under the rule of a ruthless dictator is a hard pill to swallow. Not sure if the country will survive this.
Mark:
If you do not try, how do people know? We have to attempt to bring out the truth to the public. If we propose and they quash it, then they leave the evidence of not allowing disclosure. It is important for people to see more of what Trump and his organization is about which will not favor citizens.
Is there more talk about what Trump pulled off yesterday? Is Musk stating that what Trump did was unethical? Any Repubs or Dems coming out and bringing this to the forefront? None that I have read this morning. It needs to be said.
Bill,
I did not say we shouldn’t try. I just wouldn’t hold my breath waiting for it to happen for reasons stated.
Mark:
I can be like a talking head at times . . .