Posted on 04/10/2025 4:52:21 AM PDT by V_TWIN
Tariffs might seem straightforward, but they often lead to surprising consequences. Just look at the president, who saw his wealth shrink by half a billion dollars in just a few days.
The biggest hit to Trump’s wealth came from his most prized asset, the Trump Media and Technology Group, which saw an 8% decline over the last three trading days, reaching its lowest point since October. His stake, valued at $2.2 billion on Wednesday, has now decreased to $2 billion. This roughly $170 million loss is just the tip of the iceberg.
Additionally, his commercial real estate holdings are estimated to have dropped by about $90 million, assuming they faced similar declines as publicly traded commercial property firms. Shares of Vornado Realty Trust—the company that collaborates with Trump on two of his key properties, 1290 Avenue of the Americas in New York and 555 California Street in San Francisco—fell 14% from the time of Trump’s announcement until the end of Monday.
(Excerpt) Read more at finance-monthly.com ...
according to the left, he’s pocketing all the money for he and his friends. how can this be?
Can not declare a loss unless ONE SELLS the stock.
Trump didn’t lose a dime. The only way to lose or gain according to the irs is to cash out.
I just checked. The value of my portfolio dropped about seven percent last week. Today it’s back to where it was, and the market isn’t even open yet.
This deserves an investigation, led by Adam Schitt. I’m sure he has already seen the proof of insider trading and will be releasing it shortly.
Nothing s lost in the market until it is sold. If just goes down while you are hlding. DJT will bounce back.
Spot on yet Adam Shifty is going around saying Trump is doing insider trading.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.