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Why would a sitting US Senator be betting his own money against the US market?
He probably knows more than we do...
Charitably, it’s possible he could be hedging a larger bet.
Less charitably, he thinks we’re headed for a recession.
Even less charitably, he knows we’re headed for a recession.
Even even less charitably, he benefits from steering us into a recession.
He purchased the shorts on July 13th… Just about two weeks before the US credit downgrade.
You want some more? He’s on the committee of homeland security and finance.
Oh nothing to see here! Congress people really know how to time the market…
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