The Steross Market and Investing Thread
- Thread starter jobob85
- Start date
JTOSU
Ranger
Who knows. The 90-day pause is not a long-time. Its still creating way too much uncertainty into the market.
mugatu
Sheriff
One possible source of this craziness is that Stephen Miran is the man behind the madness. First goal is to devalue the US dollar. Executive summary gives an overview. Devalue the dollar to level out the trading deficiency, and bring manufacturing back and have foreign companies invest in America
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That's been going on since the stock market began.
mugatu
Sheriff
Not excusing it and they should all be in jail. That said, unlike the Trump tariff market manipulation, none of her trading cost me $75k in a month. It just made her more money.Nancy Pelosi says
mugatu
Sheriff
Not that much, and do you really think Biden caused that intentionally and bounced it up and down so he could buy the dips?
Are you trying to say this is just par for the course and should be ok?
You were asking about people calling you a MAGAstani. Defending this (or appearing to defend it) by saying the stock market dropped under Biden in completely different circumstances would be a reason. Oh and Biden didn't own stock and his wife had no large stock accounts while they were in office, so market manipulation wouldn't have gotten him much.
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Go look up how much Nancy Pelosi made off certain stocks that were involved in Congressional Committee. And, yes, I think the Biden Admin did.
Are Legislators Beating The Market With Insider Information? - Center for Effective Government
There might not be a more controversial political hack than members of Congress being legally allowed to trade stocks. Recently the House of Representatives has introduced a bill that would prohibit members of Congress, their spouses, and children, from trading stocks. Although the bill has...
effectivegov.uchicago.edu
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mugatu
Sheriff
Yes. Congress has inside information and can get ahead of the market for companies/ industries they have oversight of. Look at my first reply, they should be in jail for it or at least banned from trading.View attachment 10891
Go look up how much Nancy Pelosi made off certain stocks that were involved in Congressional Committee. And, yes, I do.
Are Legislators Beating The Market With Insider Information? - Center for Effective Government
There might not be a more controversial political hack than members of Congress being legally allowed to trade stocks. Recently the House of Representatives has introduced a bill that would prohibit members of Congress, their spouses, and children, from trading stocks. Although the bill has...
But which one has ever cause the entire market to drop over 15 percent over a couple days multiple times then undoing what caused the crashes to get a rebound.
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Look at the biggest drop on the chart.
And that wasn't too long after insider trading was outlawed for Congress by the Obama Administration.
So now it's not that an administration is insider trading, it's that the Trump administrative is insider trading.
Where do you see that? The stock act was signed into law in 2012 which is at the very beginning of the chart. The biggest drop is during the early stages of COVID.
mugatu
Sheriff
The difference is this is an intentional crash when the market was doing well. 2021 im pretty sure was due to concerns over inflation and the fed reserve not acting to raise rates as it set in. What was the cause of this sudden drop and others the last month or so?
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Nancy Pelosi should be in jail for insider trading. As bad as she has been, has the ever implemented a tariff, then tweeted to buy the low, then lift the tariff?View attachment 10891
Go look up how much Nancy Pelosi made off certain stocks that were involved in Congressional Committee. And, yes, I think the Biden Admin did.
Are Legislators Beating The Market With Insider Information? - Center for Effective Government
There might not be a more controversial political hack than members of Congress being legally allowed to trade stocks. Recently the House of Representatives has introduced a bill that would prohibit members of Congress, their spouses, and children, from trading stocks. Although the bill has...
If not, then it is a new low.
But I saw nobody screaming about it when it was happening. I'm sure Fox or Newsmax probably railed about it, but nobody cares about them.
mugatu
Sheriff
Most of Congress should be in jail for it. The few that are willing to push for rules preventing can't get past the masses in either house that use their positions to enrich themselves with it.
But insider trading doesn't crash the entire market and crush people's accounts and cause hesitancy across the economy. So the impacts are not as destructive. They still should be in jail but its very different.
We were here. Insider trading by politicians has been talked about quite a bit.
I don't think anyone here is a fan of Pelosi tbh.