Comment on Tariff Live Updates: Trump Backs Down on Reciprocal Tariffs for 90 Days
Carrot@lemmy.today 1 week agoI hold a firm belief he’s trying to temporarily crash the market, so 47 and all his friends can “buy the dip”, and then he’s going to back out of his terrifs, the market will go back up (most likely not all the way up) and they’ll now have a bunch of stock they got on the cheap
Just yesterday’s announcement, if you had bought short term options on a stock based on the inside information of the announcement, and it went up 12-20% could easily have returned hundreds or thousands of percentage return on the bet. It’s already happened. Full dictator casino.
The question is, how often will it happen and how broadly will the withdraw from a shit country’s stock market be?
silence7@slrpnk.net 1 week ago
It could also be that there is simply no plan whatsoever