Published April 9, 2025 10:58pm PDT
Trump encourages investors to buy ahead of tariff pause
President Donald Trump’s recent social media post has raised eyebrows regarding potential insider trading. Early on Wednesday morning, he declared on his platform, Truth Social, ‘This is a great time to buy! DJT.’ This message came shortly before he announced a 90-day pause on tariffs, which subsequently led to a dramatic increase in stock prices.
SAN FRANCISCO – The president’s comments have prompted questions about the implications of his statement amidst significant market fluctuations. Analysts observed an immediate market response, with shares of the parent company of Truth Social, designated DJT, seeing a nearly 23% increase after the announcement.
Senator Adam Schiff, a California Democrat, has called for an investigation into the timing of Trump’s message and the ensuing market behavior, raising concerns about potential market manipulation. He commented on X, previously known as Twitter, questioning whether Trump’s inner circle is unlawfully profiting from privileged information.
