The biggest buys came from Jefferson Shreve (R-IN) buying PRU and JPM, Neal P. Dunn is the best performer of the month with 9.1% in delay-adjusted gains. He mostly holds JPM, COF, WFC.
Across Republicans, the most commonly bought stocks were mostly banks: JPM, BMO, PRU, RY, and CNM.
Do you think these could be related to the Venezuela operation somehow? Or what could be the reasons? It is quite weird that the top performers in the last month are always Republicans and they mostly own banking/finance stocks. They say the operation was done in secrecy but even NYT knew about it, they just did not write about it.
Posted by Anub_Rekhan
2 Comments
Submission statement: I just think Republicans buying banking/finance stocks mostly and making the highest gains have to do something with Venezuela. The operation was done in secrecy yes, but even New York Times told that they got tips of it. They just didn’t publish it until it started.
Maybe these banks have something to gain from Venezuela?
I’m sure they knew about it. Maybe not the specific “plan” but knew the US was posturing towards it. There are very few things more corrupt than the political class. If you put Venezuela aside, politicians in both parties across all ages routinely outperform.