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> Trump’s More Than 3,700 Stock Trades Astonish Wall Street Insiders

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#1 Yesterday 19:54:29

Trump’s More Than 3,700 Stock Trades Astonish Wall Street Insiders

(Bloomberg) -- President Donald Trump’s latest financial disclosures show that he or his investment advisers made more than 3,700 trades in the first quarter, a flurry totaling tens of millions of dollars and involving major companies that have dealings with his administration.

“This is an insane amount of trades,” said Matthew Tuttle, chief executive officer of Tuttle Capital Management, in an interview, adding that it looks more like something done by “a hedge fund with massive algo trades” that buys and shorts securities than a personal account.

In the first quarter, the president bought at least $1 million each in companies including Nvidia Corp., Oracle Corp., Microsoft Corp., Boeing Co. and Costco Wholesale Corp., according to the documents. Other trades involved eBay Inc., Abbott Laboratories, Uber Technologies Inc., AT&T Inc. and discount store Dollar Tree Inc.

The disclosure reignites conflict-of-interest concerns that have shadowed Trump’s terms in the White House. Critics have regularly accused him of mixing his official duties with his business interests. Unlike his predecessors, Trump didn’t divest or move his assets into a blind trust with an independent overseer. His sprawling business empire is managed by two of his sons and operates in several areas that intersect with presidential policy.

At the same time, Trump’s son-in-law Jared Kushner helps manage billions in investments for Qatar, Saudi Arabia and the United Arab Emirates while simultaneously serving as a “volunteer” envoy for the president on issues affecting the war in Iran and the Middle East in general.

The White House dismissed questions about potential conflicts, with spokesman David Ingle saying that Trump “only acts in the best interests of the American public.” He added: “There are no conflicts of interest.”

https://finance.yahoo.com/markets/stock … 13697.html

But, whadabout the Biden crime fambly
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doublewide

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