TL;DR
Accusations of insider trading swirl around a Trump-era tariff pause, but history suggests little will come of it. The powerful get richer, the rest of us get lessons in cynicism.
Story
Another day, another scandal. This time it’s whispers of insider trading around a tariff pause by the Trump administration. Senator Adam Schiff’s calling for an investigation, but will anything come of it? Color me skeptical.
Here’s the gist: Trump abruptly reversed course on some tariffs, and markets jumped. Now, there are accusations of folks close to the administration profiting from this conveniently timed decision. Sounds familiar, right? It’s the same old song and dance.
‣ Insider Trading: Using non-public information to profit from market moves. Think of it as getting a sneak peek at tomorrow’s lottery numbers.
Some are pointing fingers at Trump himself, citing his boasts about how much money his billionaire buddies supposedly made. But proving anything is a whole different ball game. Remember 2008? Enron? Those investigations took years, and even then, accountability was a rare commodity.
The irony here is thick enough to cut with a knife. The very people meant to protect us from this kind of manipulation might be knee-deep in it themselves. And as for the average Joe? They’re left holding the bag, wondering if the markets are even remotely fair. History tells us they probably aren’t. This latest scandal is just a symptom of a much larger disease.
‣ Tariff: A tax on imported goods. Like an extra fee you pay when buying something from another country.
The real kicker? Even if there’s an investigation, real change is unlikely. Those in power protect their own, making it business as usual on Wall Street. Remember that next time you think the system is rigged against you—it probably is.
Advice
Don’t trust politicians, don’t trust Wall Street, and definitely don’t trust anyone who says they have a ‘sure thing’ in the markets.
Source
https://www.reddit.com/r/stocks/comments/1jvwm6h/adam_schiff_calls_for_insider_trading/