Lawmakers Beat The Market Again In 2022

Both Democrat And Republican According to a report by The Washington Post, lawmakers outperformed the stock market in 2022. Unusual Whales’ annual report.

Despite Despite the stock markets having one of their worst years since 2008, lawmakers were still able to prevent huge losses in 2022. While Some politicians, such as the far-left, noticed that the stock market’s total value has declined. Rep. Ro Khanna The report shows that the D-CA made more trades than 5,700 in 2022.

In 2022, the S&P 500 was down 18 percent. Yet on average, Republicans The market was beaten by collectivity by 0.4 percent. Democrats They were only down -1.76%

“House Republicans disclosed 1000+ less trades in 2022 compared to the year before. While House Democrats disclosed 1,000+ more trades in 2022 compared to 2021,” The analysis found.

The Two were the second- and third-highest volume traders. House Republicans: Republican Leader Foreign Affairs Committee Rep. Michael McCaul (R-TX) with over 1,600 transactions totaling $176 million, and House Homeland Security Member Rep. Diana Harshbarger (R-TN), with more than 1,000 transactions totaling $21,000,000

Among The lawmakers who did the most individually were Reps. Patrick Fallon (R-TX), Debbie Schultz (D-FL), Susie Lee (D-NV), David Joyce (R-OH), Sen. Gary Peters (D-MI).

Fallon Served on the House Armed Services Committee. Schultz Served on the powerful House Appropriations Committee With Lee And Joyce. Peters Served on the Senate Armed Services Committee.

Not Everyone performed well in 2022. Rep. Nancy Pelosi’s (D-CA) portfolio was down nearly 20 percent, a contrast to Fallon’s, whose was up 51 percent.

Here This is a longer list with returns estimated at mid-range. Dec 2022.

Many Members had wins as well as losses.

NotablyThe majority, however, beat SPY year to-date in the worst market seit 2008.

Interesting!

Read Get the complete report here https://t.co/6OYED6CbIR pic.twitter.com/1WJyO0FmCB

— unusual_whales (@unusual_whales) January 3, 2023

The Report reveals which asset classes saw the most activity in 2022.

“Across both chambers, over $398M in stocks were bought and sold last year. Next were government securities and agency debt (ie. treasury bonds, municipal bonds, etc.),” The report was read. “Other securities (such as mutual funds and ETFs) and non-publicly traded stocks were in third place.”

“Much of the buying for 2022 occurred in the beginning of the year, with some increases in September. December was one of the lowest periods, as was April and October. In both cases, the stock market began a trajectory into a bear market,” The report is explained.

Follow Wendell Husebø on Twitter @WendellHusebø. He Is the author Politics of Slave Morality.

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