After a week chaining Falls in stock markets around the world, before the uncertainty created For the announcement of the US tariff policy, stock markets lived a historical day marked by the increases. The turning point was marked by the publication of a statement in Donald Trump’s profile in his social network in which he announced the 90 -day postponement For your tariffs.
The rally after the pause of tariffs. The unexpected Trump ad Not only relieved stock pressure on The main technology companiesbut also unleashed an unprecedented rebound in the quotes. Investors who bet on the market at their lowest time, saw how their portfolios fired marking a 9.5% rise in S&P 500, the fourth largest increase in this index since you have records.
According to data of Financial Timesthis rally contributed about 4.3 billion dollars to the market of the S&P 500 and the Dow Jones won almost 8%. According to The published by Business Insiderwith this sudden climb the 10 main millionaires from the Forbes list increased their assets by about 107,000 million dollars.
As May water for technology. Technology companies were the ones that best recovered after the collapse of the last days. The Nasdaq 100 rose 12%, so companies such as Microsoft, Apple, Tesla, Amazon or goal recovered more than 1.5 billion dollars in market value in a matter of few hours. The recovery of these companies in turn had an impact on the revaluation of the fortunes of its founders and main shareholders.
According to estimates of Business InsiderElon Musk, CEO of Tesla, led the profits by recovering $ 35.9 billion to its assets in a single day. Jeff Bezos and Mark Zuckerberg were not far behind, increasing their balance sheets by 18,500 million. Although this rally was celebrated by most investors such as May water, there is still a lot of room to compensate for the accumulated losses For these millionaires in recent weeks. It is estimated that they amounted to more than 244,360 million dollars.
In the right place, at the right time. Trump’s announcement not only benefited the billionaires, but also those investors who knew how to take advantage of the trend of previous market fall.
In Words by Warren Buffett: “A simple rule dictates my way of buying: being afraid when others are greedy and being greedy when others are afraid.” The investors who followed these words and bought more actions during their fall, with the rebound obtained a millionaire benefit almost immediately.
Suspicions about market manipulation. Such and as he published The Guardianthe rapid rebound in the bags has sown the doubt between analysts, about whether Trump’s maneuver could be a Deliberate manipulation form to favor certain economic groups. Three hours before the advertisement advertisement of tariffs, Trump He published a message In his profile in his social network inviting to buy shares, while the stock market was still in free fall.
Representatives of the Democratic Party, as the senator for Massachusetts Elisabeth Warren, already have requested an investigation To clarify if there was manipulation of markets To benefit your donors. While that request was taken, an euphoric Donald Trump joked with his collaborators and members of his presidential cabinet about how much money each one had earned with the rebound of the values.
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Image | Flickr (The White House), Unspash (Rafael As Martins)
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