I have just released the full report on politicians trading in 2023. Like every year since 2020, US politicians beat the market. And many in Congress made unusually timed trades resulting in huge gains. Here are the top performers of 2023. This year, Democrats absolutely dominated their Republican counterparts. Dems were up 31%, and Republicans 18%. Meanwhile, the S&P500 itself was up 24%. Many traded despite conflicts in their committees in record numbers. Read the full report here: https://lnkd.in/gyf7WXzh
Unusual Whales
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Unusual Whales (unusualwhales.com) is among the largest financial Twitter and community in the world, specifically focused on options, stock, and crypto unusual movements.
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Updates
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64% of Americans would welcome a recession if it meant lower mortgage rates, per USA Today. Unsurprisingly, 82% of survey participants believe that the country is currently facing an unprecedented housing affordability crisis. Read more: https://lnkd.in/g87jNmgy
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Homes are now 44% more expensive than they were prior to the pandemic, per Redfin. New homeowners won’t see a profit for over a decade, per Axios. Read more: https://lnkd.in/d6wKxz86