4 ms·
404 Media reported a story on Monday[1] about a news outlet that claimed there'd be a 90-day break on tariffs for all countries besides China. This was publishe
by ctippett 2y ago
404 Media reported a story on Monday[1] about a news outlet that claimed there'd be a 90-day break on tariffs for all countries besides China. This was published a few days before the official announcement.
So someone, somewhere, knew something before everyone else.
[1] https://www.404media.co/benzinga-news-service-that-falsely-reported-a-possible-90-day-break-in-tariffs-blames-x/ https://www.404media.co/benzinga-news-service-that-falsely-r...
- w10-1 2y agoGood cover: publicly release a rumor via a random tiny outlet (along with a flurry of other rumors). Then if questioned, just say you heard it there.
- tirant 2y agoBenzinga is not a tiny outlet at all. There’s quite some trading platforms that distribute their news to their customers, like Interactive Brokers.
- tradethedelta 2y agoBenzinga has probably 40 writers or so. And they do syndicate out to other platforms. They also sell their real-time web traffic and ticker attribution data to hedge funds who will trade on the info.
- deleted 2y ago[deleted]