How Pelosi became the poster child of politicians trading stocks

But, at least on TikTok, there’s a significant cohort of people focused on getting the piece of the pie themselves rather than condemning Pelosi for her stock trading.Carvo told SFGATE that members of Congress, including Pelosi, probably do have better information than the general public. But he argues that it’s the job of politicians to keep track of current events and other economic determinants; keeping tabs on that information does not necessarily translate to insider trading, he argues.

Carvo said that, as a result, getting to see what investments Pelosi and other lawmakers make is an easy, low-risk way to bet on the market. If they’re throwing money at tech stocks, he reasoned, then it’s safe to bet on tech stocks yourself. “By the time you or me hears about it, we're getting old news,” he said. “And that puts us at threat of getting burned, which is what happens so often [to] novice investors.”

It was all that ice cream that gave her away.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

5 Things to Know Before the Stock Market Opens TuesdayU.S. stock futures pointed to a relatively flat open for the first trading day of February.
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

How a Russian Exec Allegedly Hacked Little-Known Firms to Get Tesla, IBM Earnings EarlyThis is one of the largest hackings of inside information on stocks ever charged, and the case is likely to shine an uncomfortable light on an obscure but crucial industry that handles the market’s most-sensitive information.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »