According to financial news outlet Finbold, “US congressional leaders have been making some strategic investment moves into military-related stocks.”
So dirty and oh so predictable!: Congress buys up war stocks ahead of Hamas attack on Israel https://t.co/wAulenobAM pic.twitter.com/80sciIdjSC
— VeBee🇺🇸✝️ (@VeBo1991) October 10, 2023
Sadly, war is a business.
Nefarious individuals with insight on geopolitical conflicts will financially benefit from the suffering of innocent civilians.
Many of the wicked ones reside in the United States Congress.
X account @unusual_whales provided insight into what stocks Democrats and Republicans purchased.
“Congress has been buying war stocks. Many bought defense company $GD, General Dynamics,” unusual whales noted.
“Numerous Republicans bought heavy into oil + energy companies, with buys in $XOM, $DVN, $CVX. Democrats bought cybersecurity like $FTNT. These companies lobby Congress heavily,” unusual whales added.
BREAKING: Congress has been buying war stocks.
Many bought defense company $GD, General Dynamics.
Numerous Republicans bought heavy into oil + energy companies, with buys in $XOM, $DVN, $CVX.
Democrats bought cybersecurity like $FTNT.
These companies lobby Congress heavily. pic.twitter.com/0JUKURNmMT
— unusual_whales (@unusual_whales) October 8, 2023
*Screenshots from unusual whales X post*
The same reportedly happened during the Russia-Ukraine conflict.
This happened before the Ukrainian war, as well.
In this case, for example, Michael Guest bought up to $15,000 of $XOM in August.
Numerous other politicians, such as Hern and Wittman have as well.
See full trades: https://t.co/iZcT1t0LgF
— unusual_whales (@unusual_whales) October 9, 2023
Finbold reports:
Now, there’s no ignoring the fact that these companies lobby Congress with gusto. Lobbying, in many ways, serves as an avenue for corporations to communicate their perspective and interests to policymakers.
Taking a closer look, some of the notable members who’ve entered the fray include Republicans Michael McCaul (Texas), Kevin Hern (Oklahoma), and Michael Guest (Mississippi), with the latter acquiring up to $15,000 of XOM in August. Among Democrats, Fankel (Florida), Richard Larsen (Washington), and Walter Schrader (Oregon) stand out.
The market is a reflection of geopolitical events, and those with the right foresight can harness its potential. As they say, it’s about ‘buying the rumor and selling the news.’ Congressional moves, while subject to scrutiny, can often offer a finger on the pulse of where the ‘smart’ money might be heading.
“Here is every US politician in Congress who currently holds stock positions that directly benefit from war in the Middle East,” unusual whales posted Tuesday.
BREAKING: Here is every US politician in Congress who currently holds stock positions that directly benefit from war in the Middle East:
Alan Lowenthal
Andrew Garbarino
Bill Hagerty
Blake Moore
Bob Gibbs
Carol Miller
Christopher Jacobs
Daniel Goldman
David McKinley
Dean Phillips…— unusual_whales (@unusual_whales) October 10, 2023
Alan Lowenthal
Andrew Garbarino
Bill Hagerty
Blake Moore
Bob Gibbs
Carol Miller
Christopher Jacobs
Daniel Goldman
David McKinley
Dean Phillips
Debbie Schultz
Deborah Ross
Diana Harshbarger
Donald McEachin
Dwight Evans
Earl Blumenauer
Fred Upton
Garret Graves
Jerry Moran
Jerry Moran
John Curtis
John Yarmuth
Josh Gottheimer
Katherine Clark
Kathy Manning
Kevin Hern
Kurt Schrader
Lois Frankel
Maria Salazar
Marjorie Greene
Mark Green
Michael Guest
Michael McCaul
Mike Kelly
Mike Simpson
Mo Brooks
Patrick Fallon
Rick Allen
Ro Khanna
Robert Wittman
Roger Marshall
Scott Franklin
Shelley Capito
Steve Cohen
Susie Lee
Thomas Carper
Thomas Suozzi
Tommy Tuberville
Trey Hollingsworth
Virginia Foxx
William Keating
Zoe Lofgren
My report is coming soon. Be ready.