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Interesting, Obama is primarily parked in treasuries.
- Thread starter noob_trad3r
- Start date
That would be kind of funny though if the President could speculate in stocks. I could just see the head line now, "GM needs a bail out and so does Obama because he kept scaling into GM as it dropped!" LOL
I think, however, that Vikana is right, government officials aren't allowed to speculate in stocks, futures, etc. Talk about insider trading, geez, almost every decision these guys make could be used to claim insider trading.
I think, however, that Vikana is right, government officials aren't allowed to speculate in stocks, futures, etc. Talk about insider trading, geez, almost every decision these guys make could be used to claim insider trading.
vikana, apparently a new mod, made the most rational and intelligent comment in this entire thread.
Quote from noob_trad3r:
Why would what he invest in make me happy? But knowing what he is invested in does provide some kind of insight.
When Bush/Cheney were in the white house they had lots of investments in oil and military industrial companies, ie HAL etc..
So they were bullish on that and those stocks seemed to do well during their presidency.
Also when I went out this weekend I did not see many people shopping. I remember when the malls were jammed packed with customers and parking hard to find on weekends.
So the president has a much better grasp than I do on where this country seems to be headed economic wise and it would seem like he does not consider to find any saftey of principal in any way if he invested in a total market portfolio, not even 10%
Someone his age would have a bigger portion in equities and bonds.
noob, a couple of people have already pointed out that he has invested where he has because he doesnt have much choice....... and also as pointed out, he doesnt have much reason to risk anything. He is pretty much a walking money printer after he finishes his term.