"iI’d very much like to know exactly who was making those trades yesterday morning,' Krugman wrote. 'Were they people directly in the know, or billionaires/traders who paid people in the know for tips?'”
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/6
"The oil futures trade alone was worth about $580 million, the Financial Times estimated. As Krugman notes, exploiting confidential information for financial gain, otherwise known as 'insider trading,' is illegal. But exploiting confidential information about national security for private financial gain is something else again. It puts profit-making above Americans’ safety."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/5
"The evidence for such a claim is the sudden and isolated jump in trading volume in S&P 500 and oil futures about 15 minutes before Trump suddenly announced that the U.S. and Iran were in negotiations to end the war—an announcement that turned out to be false."
#Trump #Iran #war #PredictionMarkets #StockMarket #InsiderTrading #profiteering #OilFutures
/4