The billionaire liberal activist bet against Donald Trump and lost big…
In the days immediately following President-elect Donald Trump’s victory on November 8, billionaire Democrat donor and investor George Soros, 86, bet against America.
Soros, who sources described as “cautious” going into November, calculated that the stock market would tank following Trump’s win and subsequently moved funds around to avoid losses. Of course, the opposite happened, stocks soared, and Soros’ attempt to profit from a declining American economy backfired. The Wall Street Journal reports:
As a result, some of Mr. Soros’s trading positions incurred losses approaching $1 billion, the people say. Mr. Soros adjusted his positions and exited many of his bearish bets late last year, avoiding further losses, the people added.
9.18.17 10:59 amFox News Highlights Media Bias In A CBS Report About Richard Cordray
“CBS Sunday Morning” didn’t disclose that four of the lawyers that it interviewed had ties to the Consumer Financial Protection Bureau.
9.18.17 10:41 amAmericans Overwhelmingly Reject Internet Sales Tax Proposal
Two of three Americans said they oppose a sales tax in their state on items purchased online.
9.14.17 2:07 pmNew NRSC Ad Hits Claire McCaskill for Saying ‘Normal People’ Can Afford a Private Plane
It’s the latest gaffe for the vulnerable senator from Missouri.
8.24.17 3:00 pmIs Tim Cook Running For President?
The Apple CEO held presidential campaign style events in the pivotal states of Iowa and Ohio on Thursday.