Do lawmakers beat the market?
New funds will allow average Americans to invest like politicians
Where are america’s greatest investors? Wall Street is the obvious place to look; after all, it is home to lots of hedge-fund managers who would claim the title. Other gurus reside in Greenwich, Connecticut; some have relocated to Palm Beach, Florida; and there is at least one contender in Omaha, Nebraska. Perhaps, though, the correct answer is Washington, dc.
This article appeared in the Finance & economics section of the print edition under the headline “Capitol Markets”
Finance & economics September 24th 2022
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- Do lawmakers beat the market?
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From the September 24th 2022 edition
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The great-man theory of Wall Street
Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer