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SerpentPeaked ,

To be fair, some stocks are crashing.

https://lemmynsfw.com/pictrs/image/58a64c94-32a5-40d9-ab82-66ff00d3891d.png

ArchRecord ,

It’s probably the only chart he checks before making these kinds of statements 😂

Rolder ,

Bold of you to think he does any checking whatsoever

9point6 ,

You know, I actually can 100% believe he only checks his stock and believes it reflects the rest of the market.

tigeruppercut ,

I choose to believe that headline at the bottom is a quote from his son Barron

ikidd ,
@ikidd@lemmy.world avatar

Hopefully it hits zero about the time his sellout agreement kicks in. That’s like the end of September, isn’t it?

JackFrostNCola ,

Just wait for him to extend the trend line upwards with a sharpie

ravhall ,

Isn’t that stock… manipulation? There’s a crime there somewhere.

ArchRecord ,

Claiming there’ll be a stock crash if someone is elected is not stock manipulation.

If he made materially false statements, about a stock itself, deliberately meant to cause the economy to crash, then it would be a different story, but nothing he said was materially false, as he was just saying an elected candidate would be bad for the economy, in his opinion.

It would be stock manipulation if he acted upon insider information to manipulate the stock price, or used proven, materially false statements about the reality of a company/stock to deliberately drive the stock down in price.

ravhall ,

Most of what he says can be disproven ☺️

ArchRecord ,

It’s not even entirely a matter of if what he said can be disproven in this case, because he didn’t even reference a specific stock.

Speculating that the general market will go down, even if you use lies to say so, doesn’t count as stock manipulation.

And even if he had singled out a specific stock, speculating on what would happen if an administration with opposing political views comes into office is not the same as saying, for instance, “the CEO of this company actually just stole 20 million bucks and it’s gonna tank valuations” while shorting the stock.

jeffw OP ,
@jeffw@lemmy.world avatar

He didn’t even name a specific stock? So no?

ravhall ,

I guess he means all of them.

FuglyDuck ,
@FuglyDuck@lemmy.world avatar

So short the S&P,

ravhall ,

There you go.

todd_bonzalez ,
@todd_bonzalez@lemm.ee avatar

Look, a lot of people are upvoting this take, so I’ll bite. How does this manipulate the stock market?

ravhall ,

Well, I can’t see votes because I turned them off. Everyone should try it, it makes life wonderful.

To answer your question, if you have a group of people following your every word, and you start making predictions about things. Those people might take you seriously, and start pulling their money out of the stock market, which would cause it to drop.

Realistically, even if that happened the chances of a “crash” are pretty minimal because he’s full of shit.

However, trying to manipulate the stock market, successful or not, could be considered illegal.

My comment is really 80% humor, 15% mocking the judicial system, and 5% serious.

todd_bonzalez ,
@todd_bonzalez@lemm.ee avatar

I’m gonna need more than a 5% serious answer, sorry.

ravhall ,

I’m not really interested in giving people what they want

seth ,

I didn’t know I could turn votes off. Hey, that is much nicer!

TransplantedSconie ,

Imagine going to hear a presidential candidate speak and all you get is a clueless old fart next to a stack of coffee and sausage.

Fucking weirdo.

edgemaster72 ,
@edgemaster72@lemmy.world avatar

And somehow people keep coming back for more

kent_eh , (edited )

Fewer and fewer, it seems. His audience size is dropping and it’s got him freaked out.

fmstrat ,

Was that speech sponsored?

MediaBiasFactChecker Bot ,

Mediaite - News Source Context (Click to view Full Report)Information for Mediaite:
> MBFC: Left - Credibility: High - Factual Reporting: Mostly Factual - United States of America
> Wikipedia about this source

Search topics on Ground.Newshttps://www.mediaite.com/tv/trump-claims-stock-market-will-crash-while-fox-news-ticker-shows-massive-market-gains-on-screen/

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