Trump’s “buy” tip on social media to make money for investors heeded before his tariffs pause
But this is going to change.
“This is a great time to buy! DJT,” he wrote on social media platform truth social at 9:37 a.m.
Less than four hours later, Trump announced a 90-day pause on almost all of his taxes. Stocks soared in the news, closing 9.5% by the end of the deal. The market, based on the 500 index, lost about $4 trillion, or 70% in the past four trading days.
This is the president’s foresight. Maybe it’s too prescient.
“He loves this, control over the market, but better be careful,” said Richard Painter, a Trump critic and former White House moral attorney. “The people who buy when they see that position make a lot of money. “Senator said Democratic senators called for an investigation. Democratic senator Adam Schiff said in an article on the Bruinsky platform: “Is anyone buying and selling stocks?” Sen. Chris Murphy, a Democratic Connecticut, on X, “Insider Trading Scandal is Brewing.”
A key question is: Is Trump already considering pauses when he posts his post?
Trump himself was asked directly yesterday when he made his decision, saying: “I have been thinking about this over the past few days, but then it has exacerbated the confusion, saying: “It’s quite a bit this morning. ”
The spokesman did not directly answer when requesting clarification on the schedule in the emails to the White House, but defended Trump’s position as part of his work.
“It is the responsibility of the President of the United States to ensure that the market and Americans are safe for their economic security in the face of uninterrupted media fears.”
Another curiosity in Trump’s media about posting is Trump’s initial signature.
DJT is also a stock symbol of Trump’s media and technology group, the parent company of the president’s social media platform Truth Social.
It is unclear whether Trump is talking about buying stocks in general, especially Trump media. The White House was asked, but it was not resolved. Trump intermittently included “DJT” in his posts, usually to emphasize that he wrote the message himself.
Ambiguity about what Trump means does not stop people from putting their money into the stock.
Trump’s media closed up 22.67%, a stunning performance of a company that lost $400 million last year, an amazing market that seems unaffected by whether tariffs will be imposed or suspended.
Trump, who owns 53% of the company’s ownership stake, now controlled by his eldest son, Donald Trump Jr., rose $415 million on the day.
Trump’s media was beaten by another government draft pick – Elon Musk’s Tesla, though only one percent.
Last month, Trump held an extraordinary press conference outside the White House, praising the company and its cars. His Commerce Minister then urged viewers to buy stocks.
Tesla’s surge added $20 billion to Musk’s fate on Wednesday.
Kathleen Clark, an administration ethics law expert at the University of Washington Law School, said Trump’s position in other administrations will be investigated, but is unlikely to trigger any reaction, except for a more truth-seeing social audience.
“The message he conveys is that he can effectively manipulate the market without penalty.
