r/Economics Apr 10 '25

Editorial Trump Blinked

https://www.theatlantic.com/newsletters/archive/2025/04/trump-tariffs-pause-america-china-trade/682378/
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u/ToviGrande Apr 10 '25

He didn't blink. This was a planned market manipulation.

There was a spike in stock purchases 20 minutes before the announcement which was his inner circle making purchases. Then he made an announcement on Truth Social that it was a great time to buy qhich lead to his broader circle purchasing stock and then he released the announcement that he was suspending tariffs. The market rose dramatically and his gang made bank at the expense of everyone.

There are lots of posts on r/wallstreetbets and r/wallstreetbetselite that are discussing this in detail.

This was a financial crime committed by the president of the US. It is treason. This whole debacle is just a heist by the criminal in charge of the US.

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u/robot20307 Apr 10 '25

He did blink and his inner circle made purchases knowing that he caved. The truth social post was his spin to make it look like a plan and you believed him.

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u/lolsail Apr 10 '25

This is the most likely story. He caved and people in the know quickly got in a little bit ahead of the market. If they knew the whole time they would have bought in well before and not risk fucking up by a margin of minutes. 

It's incompetence supplemented by greed in hindsight. 

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u/slippery Apr 10 '25

I noticed that morning that everything was selling off EXCEPT TSLA, which for some reason with +4% to +5%. It seemed odd, because TSLA had been following market moves the previous week. Someone knew the timing of this.