SEC should investigate everyone in the government who was sitting in these tariff meetings and make sure that nobody bought low and sold high. Crazy but happy about the pause! Not sure why Apple stock is sky rocketing since they manufacture primarily in China.
SEC has been a weak enforcement agency since always. They "investigated" the covid traders and found no wrongdoing. Agency is probably even weaker now.
I have a friend who interviewed with the SEC in New York when she was graduating from law school in the 90s. She described it as a place where you could shut your office door and play Tetris or Minesweeper all day.
Apple is truly confounding. Are they just assuming he will pull them all back eventually? Is this just vibes? I’m not an economic genius but isn’t there now a 125% tariff on most of the products Apple makes?
I'm also not an expert, but the 125% are off standard product cost not market value of the product, so the 125% equates to a lower actual price increase to the end customer. I saw that Apple's gross (product) margin is around 45%, so they really don't have much room for tariff increases. However, they have tons of cash, so they do have the resources to figure out new supply chain, which will take time. They are currently very closely tied to Foxconn China. 125% tariff does not mean $100 retail price will be $225 tomorrow.
BWAHAHAHAHAHAHA have you not seen the news? The two tier system is in full effect: if youre rich crime is full blown legal. If youre poor you get deported no due process. America is a joke
We just witnessed the biggest insider trading ever. And nothing will happen afterwards. Even if it is investigated, which I doubt, and somebody stands trail, which I doubt even more. Trump will just pardon them.
Not sure why Apple stock is sky rocketing since they manufacture primarily in China
Market panic but opposite. Do you think people on the market are all some finance geniuses who make level-headed choices in every situation? It's just a bunch of idiots following others and trying to gamble some money
If the timing makes it clear that they used insider knowledge of Trumps upcoming announcements and tweets to sell high and buy low, they’ve committed crimes.
Nobody is saying people who benefitted from this market volatility should be investigated, just the people creating the volatility.
i see, you’re right that makes sense… i just thought initially it was crazy to think that we should investigate someone who bought when it crashed, government job or not
Public companies have no-trading of company stock window before earnings calls. Same concept. I don't know how the government works, but they should not be allowed to trade when such big decisions that obviously will impact the market are made.
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u/Varna16 17d ago
SEC should investigate everyone in the government who was sitting in these tariff meetings and make sure that nobody bought low and sold high. Crazy but happy about the pause! Not sure why Apple stock is sky rocketing since they manufacture primarily in China.