“President Trump began his Wednesday with some advice for those rattled by his steep tariffs,” the New York Times reports.
Said Trump, on social media: “BE COOL. THIS IS A GREAT TIME TO BUY!!!”
“Hours after that, Mr. Trump sent the markets soaring when he paused the levies for 90 days. The S&P 500 climbed several percentage points in a matter of minutes and was on its way to its best day since the recovery of the 2008 financial crisis.
”“Soon after Mr. Trump’s pause, Democrats and government ethics experts asked the perhaps obvious question: Did Mr. Trump give the green light to his followers to cash in on a forthcoming rise in stock prices?”