Wonder how much Trump gets paid to screw around with the stock market? He's not stupid enough to think his tariff vacillations won't have any effect. Somebody if whispering in his ear. Check this:
But these wins were peanuts compared to the money made by a trader, or group of traders, who bought 420,000 September e-minis in the last 30 minutes of trading on June 28. That was some 40% of the day’s trading volume in September e-minis—making it a trade that could not easily be ignored. By then, President Trump was already in Osaka, Japan—14 hours ahead of Chicago—and on his way to a roughly hour-long meeting with China’s President Xi Jinping as part of the G20 summit. On Saturday in Osaka, after the market had closed in Chicago, Trump emerged from his meeting with Xi and announced that the intermittent trade talks were “back on track.” The following week was a good one in the stock market, thanks to the Trump announcement. On Thursday, June 27, the S&P 500 index stood at about 2915; a week or so later, it was just below 3000, a gain of 84 points, or $4,200 per e-mini contract. Whoever bought the 420,000 e-minis on June 28 had made a handsome profit of nearly $1.8 billion.
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Eco warriors and politics
- National Guard ‘follows the Constitution,’ general says of troops possibly deployed to polls (TN Lookout)
- State lawmakers restore funding for child summer food program rejected by Gov. Bill Lee (TN Lookout)
- U.S. Rep. Andy Ogles’ campaign has less $100k heading into potential competitive election (TN Lookout)
- Stockard on the Stump: Democratic rep blasts Nashville mayor for lapse on tourism board (TN Lookout)
- With GOP defections, US House passes bill extending legal status for 350,000 Haitians (TN Lookout)
- ‘Shirtless in a hot tub with Kid Rock’: Democrats in Congress question RFK Jr. priorities (TN Lookout)
- US House narrowly defeats resolution limiting Trump war powers (TN Lookout)
- Tennessee Senate passes private-school voucher expansion despite budget concerns (TN Lookout)
Science and stuff
- Science behind the scenes (Science News Daily)
- An endangered mouse may need a helping hand to adapt to climate change (Science News Daily)
- How to invent a realistic language for fictional speakers (Science News Daily)
- Know the legal age to buy tobacco products in the U.S.? Many parents don’t (Science News Daily)
- A strange ‘neutrino force’ helped heal a crack in particle physics (Science News Daily)
- A new measurement reveals gravity is still hard to pin down (Science News Daily)
- This tree is number one for cloud forest mammals going number two (Science News Daily)
- Breath carries clues to gut health (Science News Daily)
- Some GLP-1 drugs are more effective for those with specific gene variants (Science News Daily)
- Math long resisted a digital disruption. AI is poised to change that (Science News Daily)
Discussing
- America As It Is Right Now (1 reply)
- Maybe it's time to reenergize RoaneViews...Or does anyone have a better idea? (2 replies)
- The Constitution Won, Trump Lost in Colorado...Now What? (1 reply)
- Our Very Own George Santos, TN GOP Congressman Ogles is Pretty Much Insane (1 reply)
- Destroying Jim Jordan, All Without Mentioning Jordan's Support For Sexual Abusing Athletes (1 reply)
- Want to See Who Owns Your State Senators and Reps? (1 reply)
- 9-11 Strangest Uninvestigated Fact (2 replies)
- It's Gettin' Real, Now...Gloria Johnson Made Wonkette! (1 reply)
- Does Rep Fritts Want School Shooters to Have Access to AR 15s? (2 replies)
- How many Trees Died Trying Save Us From Global Warming? (1 reply)
- Feel Good Friday,,,From our "If Only" Dept. (1 reply)
- Tennessee Education Worsens Under Bill Lee and GOP (1 reply)
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