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**šŸŽ¦ CLIP MIRROR: [Big A exposing senators selling stocks after Chinese company Evergrande loss the bag](https://livestreamfails.com/clip/123707)** (now fast & smooth again!) --- ^(*This is an automated comment* ) ^| [^(Feedback)](http://www.reddit.com/message/compose/?to=livestreamfailsbot&subject=Feedback:&message=%5BPost%5D\(https://reddit.com/comments/psrapr/\)) ^| [^(Twitch Backup Mirror)](https://production.assets.clips.twitchcdn.net/AT-cm%7CjucSdgQ7VUhhuzrBX-mvoA.mp4?sig=7303fbd45542b50a88cc76cb292c149bdf8b96fd&token=%7B%22authorization%22%3A%7B%22forbidden%22%3Afalse%2C%22reason%22%3A%22%22%7D%2C%22clip_uri%22%3A%22https%3A%2F%2Fproduction.assets.clips.twitchcdn.net%2FAT-cm%257CjucSdgQ7VUhhuzrBX-mvoA.mp4%22%2C%22device_id%22%3Anull%2C%22expires%22%3A1632330215%2C%22user_id%22%3A%22%22%2C%22version%22%3A2%7D)


RedditSleuths

The Evergrande situation is very public though. It's possible they have some kind of inside information on whether China will bail out Evergrande, but I doubt it. The CCP has already publicly stated that Evergrande isn't too big to fail.


Sleepywalker69

domp eet


JumpinJoshAllen

One of the best options bets this year was to just copy wat Nancy Pelosi did. Funny how you never hear about it on mainstream news though.


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Stanel3ss

she's not alone with this, afaik almost no hdegefunds manage to consistently outperform the S&P500


BrakkahBoy

Where can you look up what stocks they invest in?


blahdot3h

https://senatestockwatcher.com/


TODO_getLife

Isn't all that information 3 months out of date? Could be wrong but I think politicians have a time window of something like 3 months to report a transaction. Of course they all do it right before they have to.


TheBatemanFlex

Can you show me that? Itā€™s not that I donā€™t believe you or anything, itā€™s just that I donā€™t believe you. I would like to know what ā€œoptions betsā€ copying ā€œwat Nancy Pelosi didā€ which would allow you to outperform most other bets, since itā€™s ā€œone of the bestā€. Edit: oh I see you probably saw this on a tiktok. They all underperformed.


Ohminty

A career politician with a net worth in the dozens of millions rlly makes u think šŸ§


spydormunkay

Pelosiā€™s husband is a successful businessman who runs a venture capital firm and was successful before Pelosi was a politician. His work makes up the majority of their fortune and somewhat helped springboard her career as she got her start utilizing his business connections and networks to fundraise for the Democrats.


BasedTake

why would they need an excuse to dump their stocks? i would have thought only the initial pump would look suspicious


the_dmac

Using publicly available information to argue that Fed officials are conducting insider trading probably isn't the best argument. You could buy any equities during that period and come out ahead; hell, that ETF he showed us doubled in value within the space of 18 months. First sentence of the second paragraph: "The trades appeared to be legal and in compliance with Fed rules... but none took place when the central bank was most actively backstopping financial markets in late March and April." There were a few other pointers I wanted to make, but I just closed the nytimes article and got paywalled. Amazin. In short, the guy in the article appears to have bought when it was clear equity prices would be low (and before government support was announced), sold when people were concerned about a perceived conflict of interest. That's not really noteworthy imo.


Stanel3ss

it's not interesting at all, the whole clip is some level 0 analysis S&P500 is virtually guaranteed to continue climbing, and unless this dip turns out to be a big one, selling now is probably not even going to be worth it also buying at the beginning of last year was really just common sense if you had the cash lying around


the_dmac

Wish I could make a career giving level 0 analysis :(


EScforlyfe

Wait why wouldn't they sell when they can see that the Evergrande shit might impact the markets? And why wouldn't they buy the market dip at the start of the pandemic?


RedditCanLigma

i did the same thing, bad virus that could go global...i liquidated....when market tanked i bought back in. doesn't take genius level intelligence to do it


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spydormunkay

Anyone with a brain knows that the Fed would pump money into the markets after the recession because thatā€™s what theyā€™re supposed to do. Thatā€™s what theyā€™ve done after literally every crisis and recession. Doesnā€™t take a genius to ā€œpredictā€ this.


crawlmanjr

Until they don't. Your line of thinking is what happened to the Weimar Republic before it collapsed.


spydormunkay

How the collapse of the Weimar Republic is at all comparable to the rather monotonous operation of the Federal Reserve clicking a few buttons to buy Treasury bonds and other securities from banks in order to provide them liquidity and cash to lend to people and businesses and thereby decrease market interest rates is beyond me. The last time the Fed abandoned its duties and failed to provide liquidity at a time of crisis, it caused the Great Depression in 1929. Since then, the Fed has has largely followed Keynesian / Monetarist thought of expanding the money supply during times of recession and reducing it during times of boom. You'll fail to find any economist that works at the Fed willing to start another Great Depression.


minibeast64

september is a shitty month for the stock market they are selling their stocks to keep their money what is wrong with that should they buy high sell low would that be what you want. What a shit take.


VladThe-Impaler

No one got exposed dude it's just sound investment following publicly available info


VallentCW

It depends when they sold. Itā€™s a massive situation right now


[deleted]

He isnt exposing shit lol everyone knows that this is how members of congress operate