{"id":13577,"date":"2024-05-06T11:51:54","date_gmt":"2024-05-06T11:51:54","guid":{"rendered":"https:\/\/lonecandle.com\/?p=13577"},"modified":"2024-05-06T11:51:55","modified_gmt":"2024-05-06T11:51:55","slug":"trump-has-set-up-a-perfect-avenue-for-potential-corruption","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=13577","title":{"rendered":"Trump has set up a perfect avenue for potential corruption"},"content":{"rendered":"\n<p>&#8220;The long answer, however, is that while Trump Media\u2019s valuation is entirely illogical from a financial perspective \u2014 as one finance professor&nbsp;<a href=\"https:\/\/www.cnn.com\/2024\/03\/26\/markets\/trump-media-stock-truth-social\/index.html\" target=\"_blank\" rel=\"noreferrer noopener\">told CNN<\/a>, \u201cThe stock is pretty much divorced from fundamentals\u201d \u2014 its early success in trading can be boiled down to one simple fact: Donald Trump is running for president, and there\u2019s&nbsp;<a href=\"https:\/\/www.realclearpolling.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">a decent chance<\/a>&nbsp;that he\u2019ll be back in the White House this time next year.<\/p>\n\n\n\n<p id=\"m_6771258045196255232gmail-3pDG9W\">Truth Social, in other words, is a way for Trump\u2019s supporters to personally offer him financial support at a&nbsp;<a href=\"https:\/\/www.vox.com\/24073920\/trump-financial-new-york-trouble-fraud-e-jean-carroll-civil-suit-damages-debt\" target=\"_blank\" rel=\"noreferrer noopener\">time when he desperately needs it<\/a>. That might be why the company\u2019s volatility looks similar to&nbsp;<a href=\"https:\/\/www.vox.com\/internet-culture\" target=\"_blank\" rel=\"noreferrer noopener\">meme<\/a>&nbsp;stocks for now. As one analyst&nbsp;<a href=\"https:\/\/www.vox.com\/politics\/2024\/3\/29\/24115881\/truthsocial-trump-djt-stock-share-price\" target=\"_blank\" rel=\"noreferrer noopener\">told my colleague Nicole Narea<\/a>, people might buy up Trump Media stock so \u201cthey can express their beliefs and commitment.\u201d<\/p>\n\n\n\n<p id=\"m_6771258045196255232gmail-3pDG9W\">For those with deep pockets, it\u2019s also an opportunity to curry favor with the former president.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vox.com\/24120166\/truth-social-stocks-trump-media-corruption\">https:\/\/www.vox.com\/24120166\/truth-social-stocks-trump-media-corruption<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The long answer, however, is that while Trump Media\u2019s valuation is entirely illogical from a financial perspective \u2014 as one finance professor told CNN, \u201cThe stock is pretty much divorced from fundamentals\u201d \u2014 its early success in trading can be boiled down to one simple fact: Donald Trump is running for president, and there\u2019s a decent chance that he\u2019ll be back in the White House this time next year.<br \/>\nTruth Social, in other words, is a way for Trump\u2019s supporters to personally offer him financial support at a time when he desperately needs it. That might be why the company\u2019s volatility looks similar to meme stocks for now. As one analyst told my colleague Nicole Narea, people might buy up Trump Media stock so \u201cthey can express their beliefs and commitment.\u201d<\/p>\n<p>For those with deep pockets, it\u2019s also an opportunity to curry favor with the former president.&#8221;<\/p>\n<p>https:\/\/www.vox.com\/24120166\/truth-social-stocks-trump-media-corruption<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[951,221,170],"class_list":["post-13577","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-corruption","tag-donald-trump","tag-trump"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13577"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13577\/revisions"}],"predecessor-version":[{"id":13578,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13577\/revisions\/13578"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}