Pre on Nostr: "Insider trading" is what they call it when someone has advanced knowledge of ...
"Insider trading" is what they call it when someone has advanced knowledge of economic numbers or a policy change and trades on that knowledge.
So what do you call it when a president posts a note to all his followers saying "Now is a good time to buy" and then two hours later announces an economic policy change that pumps stocks to their highest single-day rise of the decade?
🤔
Wonder if he'll ever tell his followers it's a good day to sell?
Seems like 10% tariffs on everything and a trade war with China is still pretty bad economic news to me, even if it's a bit better than full on global trade war.
Published at
2025-04-09 23:21:02 GMTEvent JSON
{
"id": "2181e10745db0339acf5b0c6f594dd9cf4f62ba222fa7c81e2659a0a9ef289cf",
"pubkey": "0dae2d95f5d2891c27abad36aa4f62d04b6e3fee7f6d54824b58487031371936",
"created_at": 1744240862,
"kind": 1,
"tags": [],
"content": "\"Insider trading\" is what they call it when someone has advanced knowledge of economic numbers or a policy change and trades on that knowledge.\n\nSo what do you call it when a president posts a note to all his followers saying \"Now is a good time to buy\" and then two hours later announces an economic policy change that pumps stocks to their highest single-day rise of the decade?\n\n🤔 \n\nWonder if he'll ever tell his followers it's a good day to sell?\n\nSeems like 10% tariffs on everything and a trade war with China is still pretty bad economic news to me, even if it's a bit better than full on global trade war.",
"sig": "79754c68785b24d4b9cd46227fe35749d8a70fa553a87e78d7091ee5eeec57e8d4a4379194b46f08afbe845567b6b9a1d9b0707f4d6cfb27fd3e56d8f54e077c"
}