Rigged Markets

I have been watching cable news today. I was watching when trump tweeted that he was calling off negotiations on a stimulus bill. The punditry is suggesting he is stupid because that action is another nail in the coffin of his election hopes. I agree that his actions over the last four years have been stupid which have been heightened during the pandemic. I would add evil to his actions.

When trump sent out that tweet he did it when the markets were still open which is not something he would normally do. The punditry added the timing to the stupidity of that action because he cares so deeply about stock market gains.

Now what if he and some people around him planted a seed of an idea that would move the markets dramatically and quickly. Would they be above making some easy money on their way out? Pure conjecture on my part but today was an example of how a tweet makes for an easy market manipulation.

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