A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in court.
  • Croquette@sh.itjust.works
    3·
    1 day ago

    It’s also market manipulation.

    1. Annouce tariffs
    2. Markets drop
    3. Trump and friends buy low
    4. Reduce/Remove targetted tariffs
    5. Markets rehydrate a bit
    6. Sell shares bought low
    7. Profits