Insider trading is corrupt and all, but can we talk about the suckers who panic-sell/buy when Trump tweets anything?
> "We have had very good and productive conversations"
This is literally all that Trump said. Why should that move markets?
If you're a long-term investor, you shouldn't care about Trump's latest Tweet, and you won't get taken advantage of by insider trading. I'm not sure who's getting rekt on this constantly and still thinks it's worth panic-selling when Trump tweets.
It moves the markets not because anyone believes his obvious lies, but rather because its a signal that he has already TACOed. The signal is that trump has publicly given up his will to continue bombing (even if he claims otherwise)
Personally, I blame the abuser over the abused. He has created an environment of extreme anxiety for many because of his words AND actions. The man is unhinged and prone to following his various whims, telegraphed or not, so, who can blame people panicking when a chaos monkey is loose in the house?
My viewpoint is that Trump ALWAYS behaves in a fashion that he BELIEVES will benefit him the most. Often times he is wrong, but short-term financial gains, he's pretty good at, so him abusing the market with BS to make a quick giant pile of cash fits him perfectly well, which makes him semi-predictable. He knows how to manipulate others into buying/selling, so that's what happens. It's the one skill he has, bullshitting guillable / fearful people.
