In recent days the stock markets have been in amok state. Following his announcement of high duties in dozens of countries, stock markets began a real free fall, staying in the deep red for days – until Trump announced that they were set at a time when they are going to negotiate bilaterally with various states.
On Wednesday (09/04) Trump uploaded the phrase “This is a great time to buy !!! DJT ” – a simple eight -word stock market exhortation, which was, however, enough to provoke a host of reactions and severe criticism on the part of democratic and beyond.
Because a few hours later the US president wrote in a new post that he pauses the imposition of tariffs for most states. As a result, the shares and – and so those who followed Trump’s advice and “bought” made enough money by the end of the day: the S&P 500 registered $ 4 trillion or otherwise 70% of the value that had lost the previous four days.
Categories to manipulate purchases
On the same day, Senators Adam Sif and Ruben Galego of the Democratic Party sent a letter to the White House calling for “urgent investigation into whether President Trump, his family or other members of the government have been unlawful” American president. Elizabeth Warren, a prominent Democratic Party politician, filed a similar request, wondering at a Congress meeting whether this case is an obvious case of corruption.
Trump’s actions, however, were not only criticized “blue” politicians. “There is no senior state officials – including the President – to discuss the prices of the Stock Exchange and when to buy or sell the world shares at the same time as they make and announce decisions, which have dramatic consequences for the stock prices,” said NPR. He was the head of legal ethics at President George Bush’s staff.
If any Bush government member had made corresponding public placements, urging people to buy or sell shares, “he would probably have lost his position,” Paider added. The latter, of course, avoided accusing Trump of manipulating the market, stating that “we have no clear evidence of this”.
The critical questions
The critical questions about the case are two.
First: When Trump made the first post, motivating his followers to invest in the Stock Exchange, he already kept in pause the duties?
This is obviously something that cannot be answered with certainty. Trump himself responded to a question from journalists that the “freezing” of duties was something that was “thinking about some days”. Trump’s prompt investment in the Stock Exchange could also be simply due to an US president’s attempt to limit the concern of investors – especially those who have confidence in his face – and through it achieve a rise in stock market prices.
The second question concerns the signature “DJT” at the end of the first post. Trump adds this abbreviation to some of his posts, especially when he wants to show that he has personally written the post. “Truth Social”.
It is obviously unclear whether Trump made mention of his company share or simply signed his post. It is certain, however, that too many people took it as a message to buy this particular stock, with Trump Media closing the day at +22.7%, gaining more than double value proportionally to that of the wider market – and all of which it was a company that was a company that was not a loser last year. Finally, duties are imposed. Trump’s share in the company, which is 53% under the control of his eldest son, increased by $ 415 million.
Only one company managed to overcome Trump Media’s performance and that was Tesla – who belongs to Trump’s close associate, billionaire Ilon Musk.
Unlikely to open an investigation
Insider trading is responsible for investigating cases, that is, unfair brokerage exploitation of confidential information, is the US Securities and Exchange Commission, also known as sec (securities and exchange commission).
Most politicians and analysts, however, do not think that the sec will open up. Kathleen Clark, for example, a specialist in government legal ethics from the Law Department of the University of Washington, stressed that Trump’s posts would probably not cause special reactions from the authorities. According to Trump herself, he may seek such actions to increase his followers on Truth Social, showing that “it can manipulate the market effectively and remain unpunished” – thus indirectly saying to platform users to keep the “tips around” account.
Experts’ assessment that no research will be opened is not only based on speculations, but also in recent developments: On Wednesday the US Senate also voted in favor of taking over the leadership of the sec by Paul Atkins, and in February, and in February, the US Sec.
SEC representatives have refused to comment on American media and charges against Trump. A related question by the German Süddeutsche Zeitung also remained unanswered.
Sources: NPR, Guardian, Sz
