JUST IN: Senator Thomas Carper disclosed he profited shorting the US economy.
Since he will be retiring, I wanted to highlight his unusual trading while in Congress for 40 years.
He became a millionaire many times over on a modest federal salary from trading.
Take a look:
Thomas Carper bought 30k in $PSQ, an ultrashort $QQQ index, on July 13 2023.
He hedged/shorted in the past with great results with $HDGE, $SH & $PSQ.
He got out of his positions in August/September, as the market fell and he sold for a cool +15%.
Before the vaccines were announced, Carper held $RMD, $APO, and $OHI.
On 07/09 he sold his positions in $RMD, $APO, $OHI. Two weeks later, $RMD drops 15% on vaccine news (no need for ventilators), $APO / $OHI 10-20% over 3 months.