US politicians seem to know something about the stock market that ordinary Americans don’t.
Since April 2020, the value of the S&P 500 has surged by a heady 165pc. But over the same period, the stocks most purchased by members of Congress or their families have registered paper gains of no less than 465pc.
That’s according to a trading strategy designed by a start-up called Quiver Quantitative. American lawmakers are so consistently successful that a flurry of new platforms and apps now compile filing data from US politicians as a key input in strategies for retail investors and even hedge funds.
Same happens in Canada.
