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Margin Of Safety's avatar

I think you crossed the 1500 word threshold.

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John Van Gundy's avatar

“Trump’s ability to trigger wild swings in stock prices has created an environment ripe for insider trading, undermining trust in U.S. markets and eroding a pillar of American prosperity — the rule of fair play. When Trump shocks the market and then retreats, it gives his inner circle, both in Washington and on Wall Street, an opportunity to place trades with asymmetric upside. They have information the other players (whether they’re buying or selling) don’t possess.” — Scott Galloway, No Mercy No Malice, “When Markets Become the House Game”

Nothing new here about insider trading by elected officials, except that it’s now the White House game and designed for week-to-week insider trading.

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