Timing worked out, but extremely risky move more akin to gambling than investing.
Equities are too risky an asset class for campaigns. More examples of notable losses than gains playing in the market.
Treasury management is liquidity, risk, and yield, in that order.
A pro-Trump super PAC that had tens of millions of dollars actually invested the assets into the market and made $800,000 in interest.
Haven't seen that before.
nytimes.com/2024/10/16/us/el…