Insider trade

“Art comes from life and goes beyond life”. I just created a screenplay in my mind.

January, 2020. Some high-level intelligence officials, senators and public health officials held a secret committee meeting in US. They were briefed about the Virus-damaged situation in Wuhan, China. There is no vaccine or treatment for this unknown virus. People are dying. Medical staff are exhausted. The whole city was in lockdown. What’s worse, this disease may evolve to pandemic and cause millions of people in other countered get infected. But these committee members decided to downplay this disease. Otherwise, the stock market will be seriously damaged. Tons of money will vanish immediately.

February, 2020. Some committee members asked their relatives to sell their stocks. At the same time, they reassured the public “We are so prepared for the virus. It is just a flu. No need to be worried.”

March, 2020. Stock market plunged. Four trade halting occurred within 10 days. Dow index fell from 30,000 to 20,000. Federal reserves reduced the interest to zero. Media has found these committee members sold their stock after the January meeting. They replied :”Those are normal transactions. Welcome for investigation!”

Ok, stop here. I apologize. I was not creating, I just repeated a news reported in the below video.