Marjorie Taylor Greene Fires Back At Report Of Market Gains: 'I Don't Even Own Any Stocks'
Portfolio Pulse from Navdeep Yadav
Rep. Marjorie Taylor Greene refuted a report by Unusual Whales that listed her as one of the top-earning Congress members from stock trades in 2023. She clarified that she doesn't own any stocks and the gains were from her son's account. Unusual Whales, a retail stock trading platform, reported Greene's 18.6% returns, while SPDR S&P 500 ETF Trust (SPY) had 24.8% returns. The report raises concerns about Congress members' stock trading and the push for the 'Ban Congressional Stock Trading Act.'
January 04, 2024 | 3:19 am
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NEUTRAL IMPACT
SPDR S&P 500 ETF Trust (SPY) is mentioned in the context of its 24.8% returns in 2023, compared to the 18.6% returns attributed to Rep. Greene's son's account.
While SPY is mentioned in the article, the focus is on the controversy surrounding Congress members' stock trades rather than on SPY's performance itself. The ETF's returns are used as a benchmark, and there is no direct impact on SPY's short-term performance from this news.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50