TZA

The senior politician who is betting against the American economy?

Congressman Tim Moore, a member of the House Financial Services Committee, purchased a 3x leveraged short fund on a decline in the Russell 2000 index.

By the SpyStocks desk · 11mo ago · 1 min read

The senior politician who is betting against the American economy?!

Imagine a person who is inside the system

Gets a glimpse into government documents, serves on government committees, and then, instead of maintaining faith in the economy, he bets against it?

In an unusual move, we identified an atypical position by Congressman Tim Moore – not just any politician, but a member of the House Financial Services Committee, one of the most powerful committees in Washington.

Here's the situation:

Moore reported a purchase of up to $215,000 in the $TZA fund – a 3x leveraged short fund on a decline in the Russell 2000 index (Small Caps stocks).

The implication?

The more small companies in the US fall, his investment soars.

Not coincidental timing?

Moore's position comes precisely as the market is fluctuating amid inflation concerns and talks of interest rate cuts.

An unusual move: a senior politician directly betting on the crash of small American stocks, while being part of the body that oversees the financial system?

What does he know that we don't?

We are monitoring.

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