Shares in Franco-British satellite operator Eutelsat (ETL.PA), opens new tab soared as much as 650% during the week ending March 7, due to speculation the company could replace Starlink in providing internet access to Ukraine. The shares pulled back on Friday to end the week up around 380%.
One analysis of the current Trump regime is that its very unpredictability is a way of demonstrating its power.
But if someone could predict the next moronic thing the Trump regime would do, they could make an absolute killing on the markets.
Which makes me wonder if someone in the regime is making a killing on the markets…
IIRC during his first administration, he at least felt the need put his shares in The Trump Organization into a trust run by his kids. But I don’t think he’s even bothered pretending to divest (or follow any other conflict-of-interest procedures) this time around, has he?
One analysis of the current Trump regime is that its very unpredictability is a way of demonstrating its power.
But if someone could predict the next moronic thing the Trump regime would do, they could make an absolute killing on the markets.
Which makes me wonder if someone in the regime is making a killing on the markets…
(See https://en.wikipedia.org/wiki/2024_United_Kingdom_general_election_betting_scandal )
I’ve already thought if Trump’s Tariffs On-Off Bullshit is for him to profit through insider trading
IIRC during his first administration, he at least felt the need put his shares in The Trump Organization into a trust run by his kids. But I don’t think he’s even bothered pretending to divest (or follow any other conflict-of-interest procedures) this time around, has he?