The Globe and Mail reports in its Saturday edition that the funniest thing keeps happening in the financial markets: Just before Donald Trump drops some bombshell news, a bunch of mysteriously well-timed bets are placed, paying off obscene amounts of money. The Globe's Tim Shufelt writes that suspicious trades have become a fixture of Mr. Trump's major policy moves, whether they pertain to tariffs, the capture of former Venezuelan president Nicolás Maduro or the war in Iran. The President's accounts have executed thousands of stock trades this year alone, plenty of them coinciding with market-moving news initiated by Mr. Trump himself. During his first year back in office, the family fortune increased by $3-billion (U.S.), says Forbes. Last year, when Mr. Trump pummelled the world with absurd tariffs, the subsequent downturn wiped out billions in market value. A few days after, some anonymous traders started betting heavily on U.S. stocks, with S&P 500 options contracts leaping to more than 10,000 a minute. Just 18 minutes later, Mr. Trump announced a 90-day pause on tariffs. Several Democratic senators asked the Securities and Exchange Commission to investigate. However, The SEC's response? "Nothing to see here."
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