Politicians Crush Market In ’23
Jesse Watters reports that U.S. stock markets rebounded in a huge way in 2023, following a lackluster 2022.
And guess who the biggest winners were? Members of Congress!! Watters says the portfolios of politicians on Capitol Hill crushed the market last year. “Their performance smoked professional money managers who do this all day for a living,” Watters said.
Stock market expert and Congressional tracker Unusual Whales, New York Congressman Brian Higgins topped the list of winners with a 238.9 percent gain in his portfolio. Some of the more recognizable winners were Nancy Pelosi (65.5 percent), Richard Blumenthal (68.1 percent) and Dan Crenshaw (38.2 percent).
Watters says our politicians made out with more than $1 billion from the stock market, most of it gained with insider information. “This is what corruption looks like,” Watters said. “And this is why Congress still hasn’t passed a ban on insider information.” Here’s more.
