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US stocks surge as Trump pauses ‘reciprocal’ tariffs for 90 days

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Comments

  • Two questions:

    In what fraction of a Scaramucci did FOTUS cave to the bond markets this week?

    Did anyone else notice that both Liz Truss & the head of lettuce lasted longer than he did vs the bond markets? But then again, a sliced avocado would’ve lasted longer than him, too.

    @gman57: Totally. And if not them, certainly his staff, Elon, and/or his MAL hedge fund friends.
  • rforno said:

    Around 830 ET this morning he tweeted out a plea to BUY.
    Around 4 hours later, he announces the 90-day pause and indices shoot-the-moon.
    In Trumplandia, market manipulation isn't a crime, it's just standard business practice.

    "In the minutes before President Donald Trump's social media post on Wednesday pausing tariffs sent the U.S. stock market rallying, some unidentified options traders placed bets worth millions of dollars that the market would rebound, data shows."

    "The well-timed bets likely paid off handsomely. Now, some Democratic lawmakers are calling for investigations into whether Trump's policy reversal led to any market manipulation or insider trading."

    "Betting on short-term market swings is common and the trades in question could easily have been placed without any prior knowledge of the coming news as traders speculate on a market bounce or hedge against one every day."

    "The Securities and Exchange Commission, which in the past has taken action against insider trading involving options trading, declined to comment."

    https://www.reuters.com/business/finance/well-timed-options-trades-ahead-trumps-tariff-pause-draw-questions-2025-04-10/
  • Is there anyone left in the SEC who a) cares and b) is authorized to investigate this?
  • Rick: How can you close investigate me? On what grounds?

    Captain Renault: I'm shocked, shocked to find that gambling insider trading is going on in here!

    [a croupier broker hands Renault a pile of money]

    Broker: Your winnings, sir.

    Captain Renault: [sotto voce] Oh, thank you very much.
  • Level5 said:

    Rick: How can you close investigate me? On what grounds?

    Captain Renault: I'm shocked, shocked to find that gambling insider trading is going on in here!

    [a croupier broker hands Renault a pile of money]

    Broker: Your winnings, sir.

    Captain Renault: [sotto voce] Oh, thank you very much.

    LOL. To which I can only add: "Pay it again, Sam."

  • "We'll always have payola."
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