• jagged_circle@feddit.nl
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    13 hours ago

    The markets recovered for a bit when the tarrifs were lowered.

    In order to profit from this, he and his pals need to sell high and buy low. They already profited immensely by selling just before the tarrifs crashed the economy, and then buying back stupid low after the tarrifs crashed the economy. Then selling again after the economy shot back up after tarrifs were lowered.

    Expect this to keep happening. This is what a transfer of wealth looks like.

    • Ton@lemmy.world
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      12 hours ago

      Economy is something else than the stockmarket. In fact, I’d say the two have absolutely nothing in common anymore. The stockmarket is a casino, with Joe Average losing everything once in a while.