281–290 of 480 posts
Earlier quoted context omitted.
I remember when everyone said the Euro was the new reserve currency - even a Bond film used it as a plot point. Came to nothing.
It was US policy to actively work against that and it was an acceptable deal for us given that we've been friends and allies forever. Now Trump has turned the US into our heroin-addict sibling we can no longer rely on them.
Earlier quoted context omitted.
Maybe it's a friend of Trump. Maybe it's a friend of Pelosi. Might even be a member of Congress! "Rules for thee not for me."
How would a "friend of Pelosi" know when Trump would post his "THIS IS A GREAT TIME TO BUY!!!" and "90 days pause" posts?
kleptocracy /klĕp-tŏk′rə-sē/ noun A government characterized by rampant greed and corruption.
Surely it will only take a few more rounds of pump and dumping the entire US economy for basically every country to label the US the same, and move away from US bonds and the US dollar as reserve currency. It just won’t be stable enough with all these antics.
When it happens I just hope trump won’t use it as justification for war.
Earlier quoted context omitted.
[flagged]
you can copy trade the two parties under $kruz and $nanc. Also if you think the musk, trump and his cabinet of billionaires and crypto bro advisors have no interest in trying to make the market move around, you're very very confused.
...with a massive delay, which probably wipes out any alpha you can get.
kleptocracy /klĕp-tŏk′rə-sē/ noun A government characterized by rampant greed and corruption.
A few years back the US labeled China a “state manipulator” of currency. Surely it will only take a few more rounds of pump and dumping the entire US economy for basically every country to label the US the same, and move away from US bonds and the US dollar as reserve currency. It just won’t be stable enough with all these antics. When it happens I just hope trump won’t use it as justification for war.
Earlier quoted context omitted.
That same day after market close Trump directly told us it was insider trading AND who dun it. He literally bragged that his friend made 2.5 billion and the other 900 million that day. https://www.reddit.com/r/PublicFreakout/comments/1jvyryz/tru...
You are inferring too much from that comment. I think those people just had large stock holdings in general and were he market went up a lot that day.
To make 2.5 billion just from holdings they must have had stock holdings of 35 billion. Then the next day they lost a lot more than that. I doubt it very, very much.
These sort of trades happy fairly regularly, before market breaking news in individual stock names. Just search for SEC insider trading cases. When they happen in options they are often pretty obvious unless the market is moving with real momentum the same way, and even then, option sellers will report you if they think it is suspicious. (By obvious, I mean, regulators should start asking questions - of course there…
> These sort of trades happy fairly regularly I think the post established that this volume or size of spike is unique before any market-shifting news event coming out of the government in recent decades. The "sort" of transaction is irrelevant except that it's risky and thus relatively low volume normally.
I said it happens in individual stock cases, but very few people / places that control major market moving news leak - and when they do they investigate the hell out of it.
Imagine if this happened 20 minutes before Jerome Powell unexpectedly dropped interest rates?
Earlier quoted context omitted.
What would determine whether the SEC will investigate for insider trading? I would expect them to be shielded from executive pressure.
Who would be doing the shielding? The current US government has been operating under the assumption of an incredibly expansive executive power, even over "independent" agencies. I'm not a legal expert at all but so far the most useful mental model has been to assume absolutely no one is shielded from executive power (including organizations and people entirely outside the federal government) unless the courts have de…
This is a serious question. What have I missed?
I was reading this event, and unless I'm missing something, all of these reports and theories don't mention the blindingly obvious fact that should be dominating - 1pm was the 10 year bone auction. Due to many factors (mostly around the crash that was in full swing, and a bond market that was illiquid and melting down), this was a key moment around which a huge amount of position management happened. I'm not at all s…
Unfortunately half the comments I read on here are becoming increasingly more reddit-esque. Users posting emotionally charged comments and speaking with an authoritative voice on topics they have little experience or knowledge in an accordingly Hacker News has become more and more useless as a news source.
Earlier quoted context omitted.
> I’m responsible for all the world’s injustices and ethnic/gender/sexual preference defines a human. Rest assured you are not. But this could turn out to be true, maybe in a very minor way, the moment your resentment towards this straw man becomes the main driver of your political views.
This is what the US "left" got wrong though. Reality or not, there is a strong perception that what these guys are saying is true. I could not fault someone looking at any media whether social or traditional from coming to this conclusion. I think Andrew Tate is a direct symptom of this. He simply filled a void in confused young men's lives. You can point to data saying that there is still inequality all you like, bu…
The problem with it is that we delegate the duties towards our fellow citizens to the talking heads on TV or in our algorithmic feeds and wash our hands on it—I say “we” because it has been happening in basically every country at this point.
If democracy has failed, as some people love to say, it was not because it was supposed to fail, but because politicians have successfully managed to replace it by the current series of popularity contests we have in place.