I'll bet Nancy Pelosi was a doll too when she was in college. Unfortunately evil, greedy heart and a black soul turned her in to a wretched crone.
Pelosi has no need of a crystal ball. She's allowed to trade on inside information... which if we retail guys did the same, we'd be subject to going to prison.
Damn. I thought she was an in-the-closet super-star trader all this time. Was wondering why she's stuck in government when she should be running hedge funds. Are you sure???
If she were running a hedge fund, she'd likely be going to jail. But as a member of Congress, she is allowed to CHEAT THE HELL of of the market place. (You know, "rules for thee, but not for me".) Do you know why "insider trading is illegal"? Because it's deemed as "theft".. from the party on the other side of the trade... who doesn't have the same info as you upon which to make an informed decision as to whether to buy or sell...as in FELONY! People/traders who commit "theft felonys" are sent to prison!! (Remember Martha Stewart? She was a "minor thief"... Pelosi and Congress are MAJOR THIEVES!!))
Check this out... "Pelosi Moves To Ban Stock Trading By Members Of Congress" https://www.zerohedge.com/political/pelosi-moves-ban-stock-trading-members-congress
I suspect this latest move to curb Congressional insider trading is yet another effort to pander to the voting base in that... Well, we used to be "stock market thieves, but now we're no longer going to be... we've mended our thieving, criminal ways, so vote for us". DISGUSTING!!
If members of Congress are banned from trading completely they are more likely to raise taxes on trading.