Posted by Neil Hague - memes and headline comments by David Icke Posted on 11 March 2024

Do they know something we don’t? American titans Jeff Bezos, Leon Black, Mark Zuckerberg, Jamie Dimon and Walmart’s Walton family sell a staggering $11 BILLION in stock – as billionaires cash out before looming election

Jamie Dimon, chairman and CEO of JPMorgan, shilled $150 million this past week, in his first cash-out since taking the reins at the bank nearly two decades ago.

Within days, Apollo Global Management’s Leon Black also enacted his first-ever sale, shedding $172.8million in his equity firm after 34 years. Walmart‘s Walton family sold $1.5billion in a week, bringing its total sale proceeds to $2.3billion since December.

The series of transactions were all made within weeks of each other, and have already sparked conversation amongst onlookers.

Experts this week theorized the sales could be the result of the looming election, and as the S&P 500 index – a decent measure of the larger economy – remains at an all-time high.

‘If you’re reading the tea leaves and looking at what may happen with our politics in the next year or so, things are pretty good right now – the markets are up,’ finance firm consultant Alan Johnson told Fortune late last month.

The staffer at Manhattan-based Johnson Associates went on to suggest the sales could be the result of potentially volatile fall, to coincide with the upcoming general election.

‘With our politics and everything else going on geopolitically, maybe it won’t be as good a year from now or two years from now,’ he conceded.

The expert then pointed to the S&P 500’s recent, impressive performance, and how it has risen more than 27 percent in the past year.

Read more: Do they know something we don’t? American titans Jeff Bezos, Leon Black, Mark Zuckerberg, Jamie Dimon and Walmart’s Walton family sell a staggering $11 BILLION in stock – as billionaires cash out before looming election

The Answer
The Trigger


From our advertisers