Did Trump enable insider trading?

特朗普是否助长了内幕交易?

The Indicator from Planet Money

商务

2025-04-16

9 分钟
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On the morning of April 9, President Trump posted on Truth Social "THIS IS A GREAT TIME TO BUY!!! DJT." Around four hours later, he announced a pause on some new tariffs, causing a stock market spike. Now, Democrats are demanding an investigation into possible insider trading. But were Trump's posts actually insider trading? Related episodes:Morally questionable, economically efficient (Apple / Spotify) An insider trader tells all For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • It's been a rollercoaster of a month on the stock market.

  • At the start of April,

  • President Trump made his big announcement that he had slapped huge new tariffs on most of the world.

  • That sent markets into free fall.

  • It was the steepest drop in share prices since the early days of the pandemic.

  • And then a week later, Trump announced that he would pause a lot of those tariffs for 90 days.

  • We thought that people were jumping a little bit out of line, they were getting yippy,

  • you know, they were getting a little bit yippy, a little bit afraid.

  • And thus, the pause.

  • After this announcement, the stock market had a great day, a whatever the opposite of yippy is.

  • One of the highest percentage rises in one day, in fact.

  • From yippy to yopee.

  • Now that morning, Trump had posted on his social media company, Truth Social.

  • He'd said that now was a great time to buy.

  • And if he'd followed that advice, he could have made a lot of money.

  • And this got many Democratic politicians asking authorities to investigate possible insider trading.

  • Senator Elizabeth Warren spoke to CNN about this on Sunday.

  • And it's entirely appropriate to have an investigation to make sure that Donald Trump,

  • Donald Trump's family, Donald Trump's inner circle, didn't get advanced information and trade on that information.

  • And you know, it's not just politicians wondering about this.