There are some new funds that track stock trading by members of Congress and their family. So we thought, why don't we get in on that?
Today on the show, we crack open the Planet Money Investment Jar to learn more about how our political leaders play the market, investing in funds tracking Democratic and Republican stock trades.
Whether Congressional stock trading should be limited is a hotly debated matter. So to test whether lawmakers are beating the market, Dartmouth College economist Bruce Sacerdote and his co-authors pitted lawmakers' stock picks against reindeer at a Christmas-styled theme park.
Trust us for this ride! It'll all make sense with some intriguing results.
This piece originally aired June 18, 2024.
Related listening: Stock traders are trying to beat the market — by copying lawmakers WTF is a Bitcoin ETF?(Apple / Spotify) Planet Money's Toxic Asset Planet Money Summer School: Investing
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