Yesterday, President Trump raised his suspicion at a few wealthy investors who are certainly manipulating the stock market.
In a tweet, he asked everyone to be cautious of wealthy investors who are using the platform to talk negatively about it.
More so, they are orchestrating it and profiting from betting against the market.
What Follows Trump Tweet
He didn’t talk about anyone specific in his tweet but followers were quick to notice this was solely about the billionaire Stanley Druckenmiller.
The stock market had gone on an all-time low back in March, rising from which now has given hopes to the investors.
All of this has to do with a perpetual kickstart of the economy since a few states have been ordered to reopen already.
If you’ve been reading my articles, you’d remember how pathetic the situation was, having a 14% decrease in the economy and the stock market.
After about a month and a half, the S&P has risen up with more than 30% of its original case.
Another big investor has however commented on this entire situation.
He had asked the White House to shut down the country for at least a month now.
He ended his statement with a phrase ‘Hell is Coming’ and we can’t help but wonder where were we anyway residing at?