Profitable Social Media Investment Tip from Trump Prior to Tariffs Pause
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In New York, Donald Trump provided financial advice on Wednesday morning while stocks were uncertain. Trump suggested it was a great time to buy on his Truth Social platform, and shortly afterward, he announced a 90-day pause on most tariffs. This move caused stocks to surge by 9.5%, recovering around $4 trillion of the market's recent losses. There were speculations about whether Trump's post influenced stock purchases and if he had prior knowledge of the tariff pause. Critics raised concerns over the legality of Trump's actions. However, the White House defended Trump's post as part of his duties to reassure the public about economic security. Trump's use of his initials, DJT, in the post raised questions about whether he referred to buying stocks in general or specifically Trump Media and Technology Group. Despite the ambiguity, investors flocked to buy shares of Trump Media, which increased by 22.67%, outperforming the wider market. The stock gains resulted in a significant increase in Trump's ownership stake in the company. Even with this success, Trump's stock pick was narrowly beaten by Elon Musk's Tesla.

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