NonilexNov 16

#Bonds are what you buy when you know the #StockMarket is going to #crash.

#Trump buys at least $82 million in bonds since late August, records show

Trump bought at least $82 million in corporate & municipal bonds from late August to early October including new #investments in sectors benefiting from his policies, financial disclosures made public on Saturday showed.

#law #InsiderTrading #emoluments #securities #economy #recession #trumpcession
https://www.reuters.com/business/finance/trump-buys-least-82-million-bonds-since-late-august-disclosures-show-2025-11-15/

Show threadNonilexNov 16

According to the forms released by the #US Office of #Government #Ethics, #Trump carried out more than 175 financial purchases from August 28 through October 2. The disclosures, made under a 1978 transparency law called the Ethics in Government Act, do not list exact amounts for each purchase, only providing a broad range.

The maximum total value of the bond purchases exceeded $337 million, according to the filings.

#law #bonds #StockMarket #InsiderTrading #emoluments #securities #economy

Show threadNonilexNov 16

Most of the assets listed in Saturday's disclosures consist of #bonds issued by municipalities, states, counties, school districts & other entities with ties to public agencies.

Trump's new bond #investments span several industries, including sectors that have already benefited, or are benefiting, from his admin's policy changes such as financial #deregulation.

#Trump #law #StockMarket #InsiderTrading #emoluments #securities #economy #recession #trumpcession

Show threadNonilexNov 16

Corporate #bonds acquired by #Trump include offerings from #chipmakers such as #Broadcom & #Qualcomm; #tech companies such as #Meta Platforms; retailers such as Home Depot & CVS Health; & #WallStreet #banks such as #GoldmanSachs & #MorganStanley.

#law #StockMarket #InsiderTrading #emoluments #securities #economy #recession #trumpcession

Show threadNonilexNov 16

Purchases of the debt of investment #banks in late August included #bonds of #JPMorgan. On Friday, #Trump asked the #DOJ to investigate JP Morgan over its ties to the convicted #SexOffender #JeffreyEpstein. The bank has said it regrets its past ties with #Epstein & did not help him commit "heinous acts."

#law #StockMarket #InsiderTrading #emoluments #securities #economy #recession #trumpcession

Show threadNonilexNov 16

#Trump also acquired #Intel #bonds after the #US #government, under Trump's direction, acquired a stake in the company.

The White House did not respond to a request for comment. The admin has said before that Trump has continued to file mandatory disclosures about his #investments but that neither he nor his family has a role in running the portfolio, which is managed by a 3rd-party financial institution. 🤨

#law #StockMarket #InsiderTrading #emoluments #securities #economy #trumpcession

Show threadNonilex

#Trump, who #inherited #wealth from his father’s work in the real estate sector, has previously said that he placed his companies into a trust overseen by his children. [but he said that during his first term too, & it turned out not to be true.]

A disclosure filed in Aug indicated that Trump had purchased >$100 million in #bonds since returning to the presidency on Jan 20.

#law #bonds #StockMarket #InsiderTrading #emoluments #securities #economy #recession #trumpcession

Nov 16 at 3:07pmWeb
Show threadNonilexNov 16

#Trump also submitted his annual disclosure form in June, which indicated that income from his various ventures still ultimately goes to him, raising concerns of #ConflictsOfInterest.

In that annual disclosure, which appeared to cover the 2024 calendar year, Trump reported >$600 million in income from cryptocurrencies, golf properties, licensing & other ventures. It also showed Trump's push into #crypto had added substantially to his #wealth.

#law #StockMarket #InsiderTrading #emoluments

Show threadFreedom2BNov 16
He also stole his niece's and nephew's inheritance from the same.