At first glance on Friday we heard that NFL Patriot’s owner, Robert Kraft was busted for soliciting a prostitute in a sleazy massage parlor in Jupiter, Florida.
Coincidently (or not) Kraft stock announced poor earnings and suffered a 27% loss with record volume of 135,202,508 shares…that’s nearly 20 Times their normal volume. (Warren Buffett’s Kraft holdings alone lost over $4 Billion.)
Coincidently (or not) NBC News later reported that numerous other billionaire Wall Street Legends were also involved in the bizarre prostitution sting.
They also said there’s 175 names yet to be released.
THIS DOESN’T PASS THE SMELL TEST.
In fact, it stinks.
You have to be naïve to believe that Billionaires are lining up for a quickie with high-risk middle-aged Asian hookers in a shopping center.
Why is there a total news blackout of this?
How many hundreds of lawyers are already involved in this?
If this involves underaged girls/sex trafficking (or worse) you can rest assured these billionaires will be shaking in their shoes worse than Jussie Smollett.
And what about the NFL?
What are they saying about this?
Another possibility is this could be a distraction to keep the nations focus off the Mueller case against Trump which, coincidently (or not) is coming up empty.
Any way you look at it, it ain’t pretty.
You can rest assured if billionaires are involved, there are powerful politicians involved as well.
Do you still think stories like this don’t affect the financial markets?
There’s more to this story than meets the eye and you can read about it in our March “…In Plain English” newsletter.