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.
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