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Fiendish Thingy

(15,551 posts)
Mon Dec 20, 2021, 05:47 PM Dec 2021

Does anyone know if Manchin shorted the market on Friday?

We can assume Manchin knew his remarks yesterday would cause turmoil in the markets today (perhaps he even anticipated that Goldman would downgrade projected 2022 US GDP as well).

Anyone who knew on Friday what Manchin was going to say on Sunday could have made a nice windfall today…

It’s a fair question.

15 replies = new reply since forum marked as read
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Does anyone know if Manchin shorted the market on Friday? (Original Post) Fiendish Thingy Dec 2021 OP
Wouldn't make any difference Sherman A1 Dec 2021 #1
This message was self-deleted by its author Chin music Dec 2021 #2
Very interesting taxi Dec 2021 #4
How would he explain that to the folks back home? Baked Potato Dec 2021 #3
+1 2naSalit Dec 2021 #15
Coincidence is not causality bucolic_frolic Dec 2021 #5
I had that thought as well Uncle Joe Dec 2021 #6
Market could have gone up because big businesses would not face the taxes in BBB. Omicron fears Hoyt Dec 2021 #7
The market is down because of omicron. former9thward Dec 2021 #8
No, I read the solar market is down today because of Manchin? Irish_Dem Dec 2021 #10
Maybe, but the solar market is tiny compared to the overall market. former9thward Dec 2021 #13
A Senator is actively damaging the President of the United States. Irish_Dem Dec 2021 #14
Goldman downgraded GDP projections because BBB was killed, not Omicron. Nt Fiendish Thingy Dec 2021 #11
Investors are reacting to the near problems of omicron. former9thward Dec 2021 #12
Trump used to do it all the time. Irish_Dem Dec 2021 #9

Response to Fiendish Thingy (Original post)

taxi

(1,896 posts)
4. Very interesting
Mon Dec 20, 2021, 06:06 PM
Dec 2021

Anyone with enough investments could use a combination of strategies, including shorts.
My guess is he probably did and does, along with other strategies.

 

Hoyt

(54,770 posts)
7. Market could have gone up because big businesses would not face the taxes in BBB. Omicron fears
Mon Dec 20, 2021, 06:37 PM
Dec 2021

seem to be the culprit for today's market decline.

Irish_Dem

(46,542 posts)
14. A Senator is actively damaging the President of the United States.
Mon Dec 20, 2021, 06:54 PM
Dec 2021

And damaging bills and the Dam party.

It has to hit the stock market in some way.

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