This is the problem with blind utterly partisan support. Both sides are extremely guilty of such drooling idiocy.
I guess Trump and his billionaire buddies have hoovered up enough cheap stock and now itâs time to cash in
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9.07am
Elon Musk the largest individual gainer in biggest one-day Wall Street windfall since 2008
The worldâs wealthiest people added $US304 billion ($494 billion) to their combined net worth on Wednesday â the largest one-day gain in the history of the Bloomberg Billionaires Index â as stock markets soared after President Donald Trump pledged to pause tariffs on some trading partners.
The S&P 500 Index jumped the most since 2008 following Trumpâs midday announcement, reversing steep losses over the past few days and boosting the fortunes of the worldâs 500 richest people by an average 3.5 per cent. The Nasdaq Composite Index also rebounded, climbing the most in more than 24 years.
Wednesdayâs total wealth gain beat the previous record of $US233 billion set in March 2022, after Federal Reserve Chair Jerome Powell raised rates for the first time in years but reassured investors that the economy remained resilient.
The largest individual gainer on Wednesday was Tesla CEO Elon Musk, who added $US36 billion to his fortune as the EV manufacturerâs stock jumped 23 per cent, followed by Metaâs Mark Zuckerberg, who gained almost $US26 billion.
Bloomberg
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Yeah, but over a slightly longer period (say since his inauguration):
Thatâs not a great trend lineâŠ
Really still down sharply since a week ago, but the only things that happened in the last 24hrs matter, soâŠ
And still a 10% tariff on Australia.
If anything this latest change is relatively worse for us as it brings other countries (where the US actually has a deficit) in line with Australia
grifter economy built off pump and dump schemes and made up numbers
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In this case it was dump and pump. Unfuckingbelievable.
Iâd disagree with that. Only one âsideâ actively votes against their own interest to spite the other âsideâ.
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he actually posted on social media âitâs a good time to buyâ how the fuck is that not insider trading??? You can bet thereâs ALOT of people in the US that have just made multiple fucktonnes of money.
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Damn if only I had been inadvertently added to the signal chat on this one.
âGuys we are green on the tariff dump and pump. POTUS will do EO at 1400â
â
â
âGreat job allâ
âFuck the EU, hope we cleaned up those scumbagsâ
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Should we all start learning Chinese?
They have their problems too.
Just insane stuff
Crazy story but pretty lazy reporting not to disclose what kind of visa he had. There are working visa categories in the US that allow you to work on a short term basis where youâre not actually allowed to live there permanently. These visas may be valid for multiple years but only allow smaller work periods within that timeframe.
If he had a work visa that allowed him to live there, itâs disgraceful. If he had one that didnât, and he admitted that he was living there, itâs grounds for visa cancellation.
I dont know if theres a distinction, but i dare say if he was working there, hed probably have to live there
Not if itâs flying in for a month at a time, or weeks at a time to work. Then leave, then come back etc
Iâve lived in the US for 13 years on various visas and there are distinctions. The big consultancy companies all have visas that allow staff to come and go to work but not live there permanently. They count the number of days per year staying in the US and if youâre over a certain amount, youâre violating the visa.
He was here for 7 years in the middle of his 4th E3, which is a temporary 2 year visa that can be renewed indefinitely.
As somebody who is currently at 9 years and on my 6th E3 (changed jobs one time), this is pretty scary shit. I have a renewal in November. However, I suspect there may be more to the story that is yet to come out.
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