25 years ago, this was called “round-tripping” and was considered illegal.
After investors suffer $trillions in losses, it will probably be considered illegal again…
Typical Day as a Hedge Fund PM
6:00 - Wake up, check what Trump tariffed overnight. Cambodia up +200%, Paraguay -3% (they said thanks).
6:05 - Brew some coffee.
6:10 - Trump tweets that the laws are rigged, since he cannot tariff Arizona. Mentally scroll the portfolio for
Look… I cannot stand Trump…
…But he’s a lot better than Kamala, simply b/c he’s not a Communist. Nor does he hate America as Kamala does. The time has come. Hold your nose, and vote for Trump.
I’m officially endorsing Trump. He’s a VERY flawed asshole, but he’s not Kamala…
The great and powerful @elonmusk.
If it wasn't for him we'd be fucked. He makes what I think is the most compelling case for Trump you'll hear, and I agree with him every step of the way.
For the record, yes, that's an endorsement of Trump.
Enjoy the podcast
1) Fed Thread- So the Fed has thousands of economists costing taxpayers billions a year. They all do white-papers and present to each other. Despite this, they didn’t realize that trillions in money printing would create inflation.
This is likely to be many times larger than asbestos liability. I expect multiple large corporates to be forced into BK. If you own shares in a company that mandated vax, you need to be following this and many other legal paths. Once one goes to jury, the floodgates open…