Trump has investments in various funds that have holdings in the stock market.
His stimulus package affected the market, boosting it upwards after record monumental falls last week.
Why is there no transparency around this?
Why isn’t anyone reporting on it?
His stimulus package affected the market, boosting it upwards after record monumental falls last week.
Why is there no transparency around this?
Why isn’t anyone reporting on it?
Trump also has significant debt.
Part of his strategy has been to aggressively push the Fed to lower its cash rate.
This could equal lower loan repayments for him (if banks pass on the rate cut).
Once again – no transparency.
Part of his strategy has been to aggressively push the Fed to lower its cash rate.
This could equal lower loan repayments for him (if banks pass on the rate cut).
Once again – no transparency.
Notice how he hammered at the Fed for as long as he could before he relented and introduced a government funded program?
The Fed was barely able to move interest rates down anyhow... perhaps he was aiming for zero (I’m not exaggerating).
The Fed was barely able to move interest rates down anyhow... perhaps he was aiming for zero (I’m not exaggerating).
Trump is in the unique position of being able to manipulate his OWN net worth, through the power of a single press release, sentence or tweet.
Markets have responded *directly* to everything he has (or hasn’t) done during this crisis.
THIS IS WHY WE NEED TO SEE HIS TAX RETURNS.
Markets have responded *directly* to everything he has (or hasn’t) done during this crisis.
THIS IS WHY WE NEED TO SEE HIS TAX RETURNS.
Example:
J.P. Morgan U.S. Large Cap Core Plus Fund
“Designed to provide high total return primarily through a portfolio of U.S. large cap equity securities.”
So, lots of big American stocks held in a fund by J.P. Morgan.
Returns ‼️
Year to date: -13.76% (as at 3/13/20)
😒
J.P. Morgan U.S. Large Cap Core Plus Fund
“Designed to provide high total return primarily through a portfolio of U.S. large cap equity securities.”
So, lots of big American stocks held in a fund by J.P. Morgan.
Returns ‼️
Year to date: -13.76% (as at 3/13/20)
😒
JPMorgan U.S. Large Cap Core Plus Fund info.
And hey, maybe he sold out of it. But he did hold it during his presidency. And we have no idea what he did with it. Or how many others there are. Or how much debt and/or wealth he has.
am.jpmorgan.com/us/en/asset-ma…
And hey, maybe he sold out of it. But he did hold it during his presidency. And we have no idea what he did with it. Or how many others there are. Or how much debt and/or wealth he has.
am.jpmorgan.com/us/en/asset-ma…
Btw – I’m not saying a stimulus package is a bad thing. The point is the conflicts of interest that nobody seems to care about.
He is LITERALLY BOASTING ABOUT THIS.
Oh my f*cking god.
But let’s just pretend this is normal 🤦🏻♀️
cnn.com/2020/03/13/pol…
Oh my f*cking god.
But let’s just pretend this is normal 🤦🏻♀️
cnn.com/2020/03/13/pol…
And yes I know that’s a one-day chart that in no way reflects the actual state of the market.
Problem is, his cult will believe a ten minute rally means the market has recovered fully 🤦🏻♀️
S&P500 – 1yr returns.
Problem is, his cult will believe a ten minute rally means the market has recovered fully 🤦🏻♀️
S&P500 – 1yr returns.
