On Friday, TIG says something horrible/psychotic. The market freaks. Over the weekend, TIG says “never mind”. The market flies.
Dow futures rally 500 points after Trump announces delay on EU tariff
Steve
I looked at that this morning (since the big meltdown a month ago I go to CNBC to look at the futures as I’m sitting with my morning coffee; amusement only, of course) and almost daily I wonder, who are these idiots getting a sugar high from “Oh, the tariffs are delayed” and the next day being morose over “Oh the tariffs aren’t delayed after all”.
Idiots, all, best I can figure.
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Years ago, a major mutual fund company fund manager was caught front running his trades in the fund, with his personal account. His reputation, and the size of the fund buys/sells, could move a stock, so he was front running the fund moves to personally profit off of fund moves. Would TIG do the same thing?
Steve
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That’s a rhetorical question, I’m sure.
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