The trade in Trump’s social-media previews
Some firms are willing to shell out $100,000 a month for early access to Trump’s social-media posts.
President Donald Trump operates a social-media platform where market-moving information is shared, now presenting early access to this information for a monthly fee of $100,000. This direct financial incentive for investors comes with no complex procedures like those typically associated with other ways the Trump family has profited from their tenure in office.
Investors who are open to the idea of signing up for this service express a different perception of value. The real money to be made from Trump's online communications doesn't lie in predicting what the US government will actually do, but rather in understanding what the US government will claim to do, only to later retract their actions.
This presents an opportunity to gain insight into the TACO trade. The investors who are prepared to pay this premium - $60,000 a month for a three-year contract - are inherently more experienced and better equipped to discern the significance of Trump's statements from those with potentially longer-term market implications. This practice embodies the time-honored Wall Street strategy of buying into speculation and selling upon the emergence of contradictory information.
Written by urgent.news from Semafor's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
