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Senator Thomas Carper disclosed he profited shorting the US economy.

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 $ProShares Short QQQ (PSQ.US)$ , an ultrashort $Invesco QQQ Trust (QQQ.US)$ index, on July 13 2023.
He hedged/shorted in the past with great results with $Advisorshares Trust Ranger Equity Bear Etf (HDGE.US)$ , $Short S&P 500 Proshares (SH.US)$ & $ProShares Short QQQ (PSQ.US)$ .
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 $ResMed (RMD.US)$ , $Apollo Global Management (APO.US)$ , and $Omega Healthcare Investors Inc (OHI.US)$ .
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.
Now all down significantly since then.
Senator Thomas Carper bought up to $110k in Ranger Equity Bear Bear ETF, $Advisorshares Trust Ranger Equity Bear Etf (HDGE.US)$ , as well as $Short S&P 500 Proshares (SH.US)$ , and $ProShares Short QQQ (PSQ.US)$ , more short ETFs again in 2022!!!
He sat on the Senate Finance Committee.
He sold all three for large gains back in 2022, and repeated the same trade this year!!!
On 2020-11-2, he purchased $Fortinet (FTNT.US)$ , a cybersecurity company that Congress oversees.
He was up 213%. He Chairs Committee on Homeland Security, and also bought $The Mosaic (MOS.US)$ and was up 60%.
It is used for potash and fertilizer, both affected during the Ukraine war.
After three committees had approved health care bills pre Obama care era, Carper began buying health care stocks.
He bought up to $50,000 in Nationwide Health Properties, and shares in Cardinal Health and CareFusion, both benefiting and sold for nearly 100%.
Carper bought heavy into Pfizer, $Pfizer (PFE.US)$ , in 2020. His returns on average in pharmaceuticals are close to 100%.
On 2020-04-02, he purchased $Novo-Nordisk A/S (NVO.US)$ , a Danish pharamceutical company which lobbies and testifies to Senate Health Committees.
He was up 180%
Senator Thomas Carper’s wife bought pandemic beneficiaries like $Disney (DIS.US)$ , $CVS Health (CVS.US)$ , in March 2020.
On April 2, 2020, she bought $Quest Diagnostics (DGX.US)$ that does Covid tests. Quest announced a COVID-19 Antibody Test on April 28.
This was not widely known knowledge.
Carper also traded heavily in semi-conductors like $NVIDIA (NVDA.US)$ before the Chips Act and had the 2nd highest return of any Senate member for semi-conductors.
Notably, Carper sat on the Senate Committee on Finance which was tasked with reviewing the Senate-equivalent of the CHIPS ACT.
It is crazy to see that Carper had both:
- He had the best Pfizer returns in ALL OF CONGRESS!
- The second best semi conductor returns at over 54% returns!

He announced his retirement this year but still trades. Last month he did $630k in US Treasury bill transactions!!!!
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