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Misc Stock Market

These futures absolutely are big this energy for the negative hype/doomcasting I've seen in certain spots:

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(sad I can't get the gif to play easily)

Probably been jinxing it though by feeling that way.
 
Why would anybody think that's insane? Seems like a smart thing to do

Because CEOs aren't State Department staff. Yes they'll have some career staff on the trip but not enough if the past is anything to go off. Heads of state and foreign service personnel do not make "deals" with businesspeople. It's a totally foreign concept. Diplomatic staff talk to other diplomatic staff and THEY make any "deals" if there are common deliverables to be found.
 
Because CEOs aren't State Department staff. Yes they'll have some career staff on the trip but not enough if the past is anything to go off. Heads of state and foreign service personnel do not make "deals" with businesspeople. It's a totally foreign concept. Diplomatic staff talk to other diplomatic staff and THEY make any "deals" if there are common deliverables to be found.
I'm going to go with the idea that this is probably a good thing. Obviously the Administration wants them there for a reaso, and the people on the list must think it's important for they're taking their valuable time to make the trip.
 
I expect we’ll be hearing a lot more about this. Why is Trump criticized so much? It’s his own fault in many cases like in this one noting apparent major conflict of interest, which I won’t be silent about.

Bloomberg
Trump’s More Than 3,700 Trades Astonish Wall Street Insiders

President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.

The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.

At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.

Trump has made a number of policy moves that affect the publicly listed companies he traded, and he interacts regularly with many of the executives of those firms. That includes Nvidia, whose chips, critical to AI development, require US government approval for foreign sales.

Previous presidents divested assets or took other steps to avoid conflicts of interest or even the appearance of ethical issues while in office. George H.W. Bush had a blind trust that held his investments both while he served as vice president and when he became president himself in 1989. His successor, Bill Clinton, did the same after assuming office.

Neither former President Barack Obama, whose money was invested in Treasury bills and broadly diversified mutual funds, nor Joe Biden traded stocks or bonds while in office. Trump is the first president who triggered the disclosure requirement.


 
I expect we’ll be hearing a lot more about this. Why is Trump criticized so much? It’s his own fault in many cases like in this one noting apparent major conflict of interest, which I won’t be silent about.

Bloomberg
Trump’s More Than 3,700 Trades Astonish Wall Street Insiders

President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.

The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.

At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.

Trump has made a number of policy moves that affect the publicly listed companies he traded, and he interacts regularly with many of the executives of those firms. That includes Nvidia, whose chips, critical to AI development, require US government approval for foreign sales.

Previous presidents divested assets or took other steps to avoid conflicts of interest or even the appearance of ethical issues while in office. George H.W. Bush had a blind trust that held his investments both while he served as vice president and when he became president himself in 1989. His successor, Bill Clinton, did the same after assuming office.

Neither former President Barack Obama, whose money was invested in Treasury bills and broadly diversified mutual funds, nor Joe Biden traded stocks or bonds while in office. Trump is the first president who triggered the disclosure requirement.



The people that care already hate him. I can tell you that I told my dad about this on my way out the door this morning and he said, "well, it's the only real reason why he wanted to be President, to make money." (something very close to that)
 
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