Quote:
Originally Posted by Tyga11
Market manipulation is a blanket term. What do you think he violated? I am seeing insider trading or whatever thrown around but I'm pretty sure that applies to individual equities and not the entire market...especially a tweet literally blasted out to the entire world.
Obama said this in 2009: https://finance.yahoo.com/news/obama...110000304.html
On March 3, Obama told reporters: "What you're now seeing is profit-and-earnings ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it."
I'm pretty sure every president has made similar claims on buying stocks. Trump is unfairly targeted and we have politicians like Pelosi making hundreds of millions actually committing illegal crimes.
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Luke warm take incoming, but I believe Trump is so often and easily targeted because he presents as someone that doesn’t really know what they’re doing, and can’t cohesively articulate anything about it, and then does it and, in this case, immediately causes millions of American citizens to lose years of retirement savings. It’s a bad look, and the targeting is fair.