“There Is Definite Hanky-Panky Going On”: The Fantastically Profitable Mystery of the Trump Chaos Trade

In the last 10 minutes of trading on Friday, August 23, as the markets
were roiling in the face of more bad trade news, someone bought 386,000
September e-minis. Three days later, Trump lied
about getting a call from China to restart the trade talks, and the
S&P 500 index shot up nearly 80 points. The potential profit on the
trade was more than $1.5 billion.

Publisher: Vanity Fair | Author: William D Cohan

TAGS
corruption, donald trump, governance, iran, saudi arabia, and wall street
DATE PUBLISHED
2019-10-18 (Modified: 2019-10-17)

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