Posted earlier:
Pelosi: I have no idea why folks are upset with news of her recent equity trading. Has she not provided us her crystal ball? You may not like Pelosi, but you might want to look at her picks. It's not as if she doesn't know what's happening. For the record, she invested in Google, Roblox, and Disney, hardly earth-shattering.
Let's think about that.
Disney.
Disney is struggling right now. I think I heard CNBC suggest it was the worst performing company in the Dow this past year (2021). Covid-19 is "killing" park attendance, cruises, movie releases and attendance.
I can't believe Pelosi didn't talk to the White House and Governor Newsom in California before betting millions on Disney. She must have been reassured with what she heard.
Google.
For the past several years folks have talked about FANG companies getting too big and talking about a need to break them up. Or put more regulatory restraints on them. With Pelosi betting millions on Google does it make sense that she would introduce legislation that would hurt Google?
Roblox?
She must watch Jim Cramer.
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More Clever Than Folks Realize
For this to be accurate, the date for swearing in a new president had to have been moved forward.
With the current incumbent, it only makes sense.
Dinosaur State Park
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