Martha Stewart served prison time for a conviction on insider trading.

There is a cadre of Trump Insiders who are privy to Mr. Trump’s rants which roil the financial markets, some of whom are getting rich off of their advance information of what he will say or do.

Donald Trump’s frequently irrational, generally unpredictable — and often arbitrary and capricious — tweets, pronouncements and actions have proven to significantly move financial markets, often creating a whipsaw effect.

Today – May 31, 2018 – Mr. Trump allowed tariffs to be enacted on steel and aluminum imports from Canada, Mexico and the E.U. on the grounds that such materials are being imported into the United States “in such quantities and under such circumstances as to threaten to impair the national security of the United States.”

There is no credible evidence that steel and/or aluminum imported into the U.S. from Canada, Mexico and/or the E.U. pose any threat to the national security of the U.S.  In fact, there is no credible evidence that such imports pose any threat to the U.S. domestic economy.

Meanwhile, Mr. Trump’s action today to impose tariffs on imports from our closest allies was apparently not expected in the financial markets, leading to a 1% drop in the Dow Jones Industrial Average.

We now have several data points relating to financial market response to irrational actions by President Trump which clearly represent huge arbitrage opportunities for Trump insiders.

The ‘out-of-right-field’ announcement in early March 2018 by Mr. Trump that the U.S. would impose tariffs on steel and aluminum imports precipitated an almost immediate 500 point drop in the DJI.

 

It’s bad enough that Trump’s actions pose a tremendous risk to the entire U.S. society and our economy.

The Securities and Exchange Commission (SEC) needs to reign in this illegal behavior by Mr. Trump, and to charge those insiders who are illegally profiting in the financial markets from advance knowledge of what sort of disruptive, arbitrary and capricious pronouncements President Trump will make in the near term.

Advertisements

Hillary Clinton has consistently refused to use alternative facts to describe her own actions and behavior.  She pays her bills.  She has never gone bankrupt.  She stayed with Bill despite some bumps in the road.  She is the mother of an extraordinary emerging world leader.

Above all, Hillary does not dwell on the past.  She learns from the past, and she offers productive solutions for the future.

And, she is a very smart, highly-educated, incredibly experienced and assertive female who represents the very essence of the threat described in Spencer Johnson’s book, “Who Moved My Cheese?”

Donald Trump built his reputation – and his empire — on his larger-than-life persona as the ‘Great White Leader’.  He wants the world to see him as ‘a man’s man’ who will lead the loyal believers back to 1957 when America reached its apogee.

Donald wants the world to believe he is both clairvoyant and razor-focused on his vision of restoring the world to his vision of how it ought to be.

Yet, Trump’s sense of self-worth is continually at risk. When Trump feels imbalanced, he reacts impulsively and defensively, constructing a self-justifying story that doesn’t depend on facts and always directs the blame to others.

A consensus of psychiatrists and psychologists have determined that Trump’s mental instability and pattern of violence –bullying words, aggressive actions and denials of truth — are dangerous and have already caused unprecedented anxiety and stress across the nation.

Meanwhile, although Hillary is her own worst enemy, Trump is the greatest threat to the viable and productive future of the U.S. – and the entire world – that we have seen since the 1940’s.