Trump Media to sell instant access to 'market-moving' social posts
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Re: Trump Media to sell instant access to 'market-moving' social posts
#2If you pay to have the info a few seconds before everyone else, does this make it insider trading?
Re: Trump Media to sell instant access to 'market-moving' social posts
#3This creates an incentive to post things that cause high volatility (even in the downward direction) as that creates a "subscribe if you want early warning of market dips" pressure factor.
Re: Trump Media to sell instant access to 'market-moving' social posts
#4Insider trading as a service. They're not even pretending not to do it, utterly shameless.
Re: Trump Media to sell instant access to 'market-moving' social posts
#5New low..
Re: Trump Media to sell instant access to 'market-moving' social posts
#6Seriously, there are no limits to his graft. This is commercialisation of insider trading. He is shameless.
Re: Trump Media to sell instant access to 'market-moving' social posts
#7New low..
Elon Musk must be rolling in his shallow grave, out of which he climbs at night, for not thinking of this before Trump.
Re: Trump Media to sell instant access to 'market-moving' social posts
#8Crazy times we live in that a president can do this.
Re: Trump Media to sell instant access to 'market-moving' social posts
#9I still remember when Obama wearing a tan suit was controversial.
Re: Trump Media to sell instant access to 'market-moving' social posts
#10This creates an incentive to post things that cause high volatility (even in the downward direction) as that creates a "subscribe if you want early warning of market dips" pressure factor.
Maybe we can keep going to a point where it's so ridiculous that people realise the financial markets are the useless money laundering loop that they actually are