This creates an incentive to post things that cause high volatility (even in the downward direction) as that creates a "subscribe if you want early warning of market dips" pressure factor.
The epstein-guest-pedo-leader of the "claim-to-be-leader-nation" monetize billion in crypto, poorly chineese manufactured phone and sells access to own market-manipulation-intended-texts. It's so much bad stuff that poor people don't even know how to start battling with it...
The music on this sinking ship will keep playing till the very end. It's a decline. There is no observable way up from this point.
Generally the SCOTUS majority seems to feel "It's ok if our president does it." when it it comes to most things.
The few times they disagree they let it stand (like tariffs) and allows the government to collect illegal taxes from the people, and then just shrug at the end with "well guess that was wrong"... and the citizens get nothing back.
> if the average corporate person does insider trading it comes with a prison sentence not pricing
More like it went from 60 to 100. Laws not applying to very wealthy and connected people is definitely not a new development in the USA. But yes, the trend has been accelerating and become very blatant and in-your-face.
> The new commercial data feed, named Truth API, promises to deliver posts to paying institutional clients in "milliseconds".
...
> The company, which launched its social media app in 2022, said some firms have been copying its data for months without permission.
> McGurn warned that Trump Media will soon block these methods, forcing firms to buy the official feed instead.
This looks like it is monetizing and organizing scrapers. Isn't basically everyone doing this with data feeds these days?
At best this just gives a few milliseconds head start to subscribers and cracks down on automation. I would be shocked if NYSE, etc. don't already have premium tiers with faster market data and those feeds are certainly paid APIs. It's known that HFT shops will co-locate, for example, to have low latency.
This looks really bad, but if it were X and not Truth Social, there wouldn't be anything to see. It goes to the underlying issue of Trump owning and trying to profit from Truth Social generally.
The government is one giant taxpayer-funded scam after another. Not that I like Trump in any way, but I’m somewhat thankful that he’s so brazen with the corruption and shedding light on everything.
There’s not a single respectable politician. Obama was worth $1-2M before he became president, and is now worth $70M+.
31 comments
[ 0.17 ms ] story [ 50.4 ms ] threadthe crazy times part is that the gun-totin freedom lovin americans refuse to do jack shit about it.
i believe the term is "chickenhawks"
-- Joseph de Maistre, 1811
What exactly did they do to deserve this?
The music on this sinking ship will keep playing till the very end. It's a decline. There is no observable way up from this point.
It’s wild how banana republic level corrupt the US is all of a sudden. Really went from 0 to 100 in months
The few times they disagree they let it stand (like tariffs) and allows the government to collect illegal taxes from the people, and then just shrug at the end with "well guess that was wrong"... and the citizens get nothing back.
More like it went from 60 to 100. Laws not applying to very wealthy and connected people is definitely not a new development in the USA. But yes, the trend has been accelerating and become very blatant and in-your-face.
...
> The company, which launched its social media app in 2022, said some firms have been copying its data for months without permission.
> McGurn warned that Trump Media will soon block these methods, forcing firms to buy the official feed instead.
This looks like it is monetizing and organizing scrapers. Isn't basically everyone doing this with data feeds these days?
At best this just gives a few milliseconds head start to subscribers and cracks down on automation. I would be shocked if NYSE, etc. don't already have premium tiers with faster market data and those feeds are certainly paid APIs. It's known that HFT shops will co-locate, for example, to have low latency.
This looks really bad, but if it were X and not Truth Social, there wouldn't be anything to see. It goes to the underlying issue of Trump owning and trying to profit from Truth Social generally.
As this president likes to say,”A disgrace”. And every accusation is a confession.
Elections have consequences.
He and his staff can plan out specific utterances that are substantial for moving the markets - endless feedback loop ?
There’s not a single respectable politician. Obama was worth $1-2M before he became president, and is now worth $70M+.