Insider trading

As a piece of financial punditry, it could hardly be bettered. “THIS IS A GREAT TIME TO BUY”, screamed a post on the platform Truth Social on Wednesday morning. Hours later, the S&P 500 surged by 9 percent – its biggest percentage rise since 2008. The only trouble is that the tipster handing out this invaluable advice was the same man whose announcement caused the surge in the stock market: Donald J. Trump. Unsurprisingly, it has raised questions about who knew that Trump was about to do an about-turn and delay tariffs for 90 days – and whether any of them used the information to their personal advantage. Insider trading has long been treated as a serious issue among corporations.

Paul Pelosi, husband of Speaker of the House Nancy Pelosi, will be arraigned on Wednesday due to multiple charges of driving under the influence of alcohol and causing injury. Pelosi was involved in a car crash on May 28 where a Jeep hit his 2021 Porsche. Pelosi was then arrested for having a 0.08 percent blood alcohol content (another charge against him) and had his bail set at $5,000 (though that's pennies for the wealthy Pelosis). Mr. Pelosi was formally charged on June 23. Yet the Pelosi corruption doesn't end there. About a month later, Pelosi sold $4.1 million worth of Nvidia stocks at a loss on the same day the Senate passed a bill bailing out the semiconductor industry. Suspicious given that Paul's wife is one of the most powerful politicians in Congress.