Insider Trading Apparent During Tariff Rollercoaster Ride
Data from the stock markets indicate heavy stock trading just before President Trump put a 90 day pause on his global tariff strategy. The data displayed on the chart shows abnormal trading volumes indicating that prior knowledge was likely at play to facilitate the unusual increase in trading activity. The news of this atypical trading volume just before the tariff pause was shared by Unusual Whales on Bluesky and Twitter X. Further reporting was done by NewsNation reporter Chris Cuomo.
President Trump also posted on his Truth Social social media account an apparent call to action for buying stocks at the opportune time hours before the tariff pause. The Associated Press reported that less than four hours later, Trump announced a 90-day pause on nearly all his tariffs. Stocks soared on the news, closing up 9.5% by the end of trading. The market, measured by the S&P 500, gained back about $4 trillion, or 70%, of the value it had lost over the previous four trading days.
After the event, President Trump is seen bragging in the Oval Office about how his buddy investors made a fortune on the tariff fueled stock market swings. The video was posted by retired Colonel Moe Davis of the US Air Force. Bloomberg also reported that billionaires had the best day ever on Wednesday acquiring $304 billion as the markets launched back up.
