“Sell the rumor, buy the news” goes too far: This is crazy. A tiny finance account on X (with just 1,100 followers!) posted a fake claim that Trump was pausing tariffs. The market exploded with joy. CNBC ran with it, Reuters picked it up, and traders literally cheered on the NYSE floor. The account? Verified. The source? Sketchy. And the lesson? Maybe next time, before CNBC hits the banner button, they need to check who’s posting.
“Sell the rumor, buy the news” goes too far
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