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Re:Trump temporarily drops tariffs to 10% for most countries by mort96 on Wednesday April 09, 2025 @04:39PM (#43637675)
The president told his Truth Social followers that it's a great time to buy stock just a few hours before this announcement: https://truthsocial.com/@realDonaldTrump/posts/1143082727259...

It's probably many things, but one part of it is for sure stock manipulation.

Re:Trump temporarily drops tariffs to 10% for most countries by etcet on Wednesday April 09, 2025 @06:22PM (#43638684)
This is wild.

8:37AM "THIS IS A GREAT TIME TO BUY!!! DJT"

12:18PM "I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately. Thank you for your attention to this matter!"

Re:Trump temporarily drops tariffs to 10% for most countries by nom on Wednesday April 09, 2025 @07:49PM (#43639215)
Assuming this was planned so insiders can buy the dip (and let's be honest, he's not clever enough for this, but any crypto bro is), his announcement serves the insiders perfectly as plausible deniability.

What's even wilder is this random Twitter account that 'leaked' the 90 days pause two days ago, got picked up by the news as truth, caused the market to recover by trillions of dollars temporarily... and now this...

Re:Trump temporarily drops tariffs to 10% for most countries by hightrix on Wednesday April 09, 2025 @08:34PM (#43639464)
Taking the source for what it is, if this is true then some people made some crazy money today.

https://old.reddit.com/r/wallstreetbets/comments/1jve86e/tin...

Re:Trump temporarily drops tariffs to 10% for most countries by sidvit on Thursday April 10, 2025 @11:22AM (#43644803)
There were people buying 18,000 SPY 510 calls at noon due to expire yesterday at 4pm. That is an absolutely insane thing to do unless you had very sure insider information of an incoming spike
Re:Trump temporarily drops tariffs to 10% for most countries by zeagle on Wednesday April 09, 2025 @10:37PM (#43640110)
My take is that’s probably for plausible deniability. “The prophet told all true believers, how could there have been insider trading.” The volume on the markets picked up twenty minutes before not hours.