Is Trump manipulating the stock market?

[mia]

Why Doesn’t the Media Seem to Care That Trump Could Be Purposely Manipulating the Stock Market?

...The fact that he has the prodigious power to move the stock market is not in question, and has been on full display during the recent period of extreme market volatility (today the Dow Jones average lost almost 300 points, mostly due to Trump’s new tariffs against China being instituted). Bloomberg News keeps a running tally of Trump’s economic tweets and their impact on the stock market, and the Wall Street Journal recently documented this phenomenon in much the same manner.

And yet, very strangely, there has been almost no mainstream media analysis of whether Trump could be manipulating the market deliberately, and with ill-intent. While speculative, and way outside the bounds of behavior that would be conceivable for a “normal” president (which may be why the news media has a blind spot here), it seems that there exists a very strong circumstantial case that something extremely unethical, perhaps even illegal, could be happening here, and that media should at least be asking questions about the issue....

What I am suggesting is possible, is something more along the lines of Trump creating enormous value for people who can be helpful to him by simply tipping them off — perhaps by “innocently” calling for their advice — that he is planning on tweeting, for instance, that a deal with China is in the works. Because tariffs are one of those rare matters on which everyone knows where the market stands, having that kind of knowledge, especially for someone experienced in day trading, would be like handing a teenage boy the key to the changing room at a Victoria’s Secret fashion show....

In fact, in a logical world, you could even argue that Trump causing the market to go down, when it is so obviously contrary to his goal of reelection, is a strong indication that there may be some other force of self-interest (the only power Trump understands) motivating him to facilitate this outcome. Obviously none of these comes close to proving that Trump cynically — and perhaps illegally — manipulating the stock market, but isn’t time for the news media and major Democrats to at least start asking the question?

https://www.mediaite.com/opinion/why-doesnt-the-media-seem-to-care-that-trump-could-be-purposely-manipulating-the-stock-market/

[Iliyah]

1. Yes.

[RKP5637]

2. The guy is a criminal. I wouldn't put anything past him! n/t

[pwb]

3. Only way to make the media better. Stop watching

They suck canal water.

[Timewas]

4. Of course

He and his cronies are shorting then he makes up some shit that causes a drop then changes the story and the market just follows his fat ass,they are making millions every time he says something about tariffs ..

[virgogal]

10. Even the author said

he wouldn’t do it for personal gain.

[Hoyt]

5. Honestly, don't think he's smart enough to juggle tariffs, interest rates, Iran tension, etc., to

manipulate markets. But, it makes interesting speculation, I suppose.

[TreasonousBastard]

9. He's not-- see below.

[mia]

11. "What I am suggesting is possible, is something more along the lines of Trump creating...."

...What I am suggesting is possible, is something more along the lines of Trump creating enormous value for people who can be helpful to him by simply tipping them off — perhaps by “innocently” calling for their advice — that he is planning on tweeting, for instance, that a deal with China is in the works. Because tariffs are one of those rare matters on which everyone knows where the market stands, having that kind of knowledge, especially for someone experienced in day trading, would be like handing a teenage boy the key to the changing room at a Victoria’s Secret fashion show.

[Hoyt]

12. There are too many factors impacting markets on any given day.

If it were just tariffs, it’s possible. But, it’s not just tariffs.

[moondust]

6. Yes.

[TreasonousBastard]

7. Back in the 80's he was the Pump&Dump King, for a short while...

https://www.debatepolitics.com/polls/356776-trump-engaging-form-pump-and-dump-scheme.html

4. He made millions posing as a corporate raider - until investors realized he never followed through

For a time, Mr. Trump was able to stave off his coming collapse with the help of a new public role: He traded on his business-titan brand to present himself as a corporate raider. He would acquire shares in a company with borrowed money, suggest publicly that he was contemplating a takeover, then quietly sell on the resulting bump in the stock price.

"He has an appetite like a Rocky Mountain vulture", his stockbroker, Alan C. Greenberg, told The Wall Street Journal in 1987. He'd like to own the world."

From 1986 through 1989, Mr. Trump declared $67.3 million in gains from stocks and other assets bought and sold within a year.

But ultimately, the figures show, he lost most, if not all, of those gains after investors stopped taking his takeover talk seriously.

Since then he's been shameless about pumping his properties to investors and then letting them go belly up. His Panama deal is a shining example. No doubt the vanishing Moscow deal, too.

[at140]

8. IDK, but Trump is pushing FED chair Powell like crazy

to lower interest rates which will save Trump 10's of millions in interest rate in his business.
I don't think Trump knows much about the stock market, except that it has gone up 50% since election,
which is a huge bubble getting ready to pop.

[juxtaposed]

13. I've sold about 800 shares of stock in the last couple days b/c

of the volatility with the markets. And yes he's the reason why it is volatile.

[PoindexterOglethorpe]

14. I seriously doubt it.

For one thing, the market is a lot larger than people realize. And is the U.S. market performing markedly different from all the other markets?

Another thing is that this "volatility" involves typically one or two percentage points a day. Gasp! The horror! The death-defying plunge of the Dow!

Oh, wait. That's really not very much. Yeah, there was a bigger drop earlier this year, but right now the Dow is up some 5,000 points from that dip in January.

Over time the market goes up. Trying to time the market is a true Fool's Game. And keep in mind, that while the Dow periodically reaches new highs, it never reaches new lows.

So if you've made a bunch of money in the market lately and want to realize some of those gains, go for it. Just don't sell everything thinking a crash is just around the corner.

[RobinA]

15. HELLO

The NYT investigation into the Trump family finances going back to dear old Dad should be required reading. Trump has been manipulating the stock market for decades! I think one of his scams is he breaks the law in plain sight. We are more suspicious of back room skullduggery. This guy just does it in the daytime from the Oval Office on the news.

[TheFarseer]

16. It's definitely crossed my mind

I think it’s hard to pull off even for the president because it’s hard to tell how the market will react to news. If it’s bad, the market could go up because they thought it would be worse and that kind of thing. I would not doubt if his buddies ask him to give a heads up on tariff related tweets.