Happy Thursday Stackers! Investors bought the dip the Democrat dip yesterday. Which means investors are optimistic with what is to come with this new Congress. But it looks like the bear is showing up
Will they remain?
🟥or🟩?
Question
Congress has gotten rich over the years with their stock investments. Should they be allowed to invest? Yes or no? Also make your guess for today’s close for the bonus zap!
Bears (🟥) Win:
I thought Bitcoiners believed in FREE markets!
🟥
Yes, but only with strict safeguards.
Any trade should require a mandatory, public 30-day advance notice before execution.
If a member of Congress receives a classified briefing or insider knowledge, they shouldn't be able to turn around and make an instant trade before the public finds out. Pre announcing trades levels the playing field and eliminates realtime insider trading while still letting them manage their personal finances.
🟥 Yes, but ONLY in broad index funds like the S&P 500, zero individual stocks allowed.
🟥 Absolute no.
Public service should be about serving the public, not insider trading with privileged information. Case in point, the Trump family looks like insider trading on another level.
🟥 No way. Put all their investments in a broad blind trust until they leave office
🟥 No. Serving in Congress is a public trust, not a trading desk.
🟥 Yes they should be allowed to invest, but with real-time disclosure and a blackout on whatever their committee is touching. Banning it just pushes it into spouses and relatives.
After a +1.4% day I'd expect some giveback. NASDAQ closes 25,590.
🟥 Today is crazy red
Only if they're forced to publish every single trade in real-time, not weeks or months after the fact.
Congress should only be permitted to invest in etfs. Not single stocks. No options.