"Trump trade" remains popular, but how much longer can it last.
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.
Insiders at Trump's media company sold over 16 million dollars in stocks.
According to documents submitted to the usa Securities and Exchange Commission (SEC), the chief financial officer of Trump Media Technology Group and two other insiders sold over ten million dollars worth of stocks after the election. The documents show that the company's chief financial officer and financial director phillip mm us$d sold 320,000 shares last Friday (November 8) at a price of $30.65 per share, totaling $9.8 million. This Monday (November 11), he sold another 64,000 shares at a price of $32.97 per share, valued at $2.11 million. Juhan previously disclosed a...
Trump Media Insiders Sell More Than $16 Million In DJT Stock
Express News | CORRECTION: Trump Picks Jay Clayton For U.S. Attorney For The Southern District Of New York
Express News | Trump Picks Jay Clayton For Chairman Of U.S. Securities And Exchange Commission
Trump Media & Technology Options Spot-On: On November 14th, 217.35K Contracts Were Traded, With 1.51 Million Open Interest
Express News | Donald J. Trump Posts On Truth "I Respect Jamie Dimon, of JPMorgan Chase, Greatly, but He Will Not Be Invited to Be a Part of the Trump Administration. I Thank Jamie for His Outstanding Service to Our Country!"
DJT Maintains Record-Breaking Volatility Post-Election
Unusual Options Activity: INSM, BGC and Others Attract Market Bets, INSM V/OI Ratio Reaches 176.5
'DJT' Stock Flattens Out as Investors Take in Trump's Cabinet Moves
Trump Media & Technology Group Completes National Data Center Network for Truth+ Streaming Platform
Trump Media & Technology Group Completes Deployment of National Content Delivery Network for Truth+ Streaming Platform
Jim Cramer Recommends Microsoft, Praises American Water Works For Being 'Consistent'
Trump Media Announces All TV Streaming Data Centers Are Fully Operational
Trump Media Stock Fell This Far Since the Election. Here's What's Happening With DJT. -- Barrons.com
Summers, who criticized the last round of inflation in the usa, stated that Trump will trigger an "inflation crisis not seen in decades."
Summers warned that if Trump insists on fulfilling the promises made during his campaign, the usa will suffer a more severe inflation shock than in 2021. It is hoped that Trump can learn from this term and adjust his plans to avoid causing inflation.
Overnight U.S. stocks | The three major indexes had mixed results, the dollar surged to a one-year high, and Trump's media technology (DJT.US) fell by 5%.
As of the close, the Dow Jones increased by 47.21 points, a rise of 0.11%, closing at 43,958.19 points; the Nasdaq decreased by 50.66 points, a drop of 0.26%, closing at 19,230.74 points; the s&p 500 index increased by 1.39 points, a rise of 0.02%, closing at 5,985.38 points.
Trump Media & Technology Options Spot-On: On November 13th, 149.06K Contracts Were Traded, With 1.5 Million Open Interest
Express News | Trump Picks Matt Gaetz To Serve As Attorney General
Express News | Trump Picks Former Democratic Congresswoman Tulsi Gabbard To Serve As Director Of National Intelligence