A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in court.
  • JohnnyFlapHoleSeed@lemmy.world
    11·
    2 months ago

    It’s almost as if they’re creating huge barriers to enter any established market, unless you already have access to huge amounts of loans and capital.

    • Croquette@sh.itjust.works
      3·
      2 months ago

      It’s also market manipulation.

      1. Annouce tariffs
      2. Markets drop
      3. Trump and friends buy low
      4. Reduce/Remove targetted tariffs
      5. Markets rehydrate a bit
      6. Sell shares bought low
      7. Profits