Fox News Charles Payne Says Pelosi Stock Trade Timing ‘Would Make a Capitalist Blush’
8th June 2022
Fox News host Charles Payne said House Speaker Nancy Pelosi’s stock trade timing was “impeccable” and suggested that “maybe Nancy Pelosi knows something we do not know.”
“Representative Pelosi just bought a total of 50 out of the money calls on Apple, 150 out of the money calls on Microsoft,” Payne said on the June 6 edition of his show, Making Money. “Now, the two transactions totaled anywhere between one and a little bit over two million dollars. One would say it’s the kind of bet that one would make, uh, if they were a greedy capitalist, right? In fact, you would make a capitalist blush and then of course a professional poker player would also blush because the timing always seems to be so impeccable when it comes to Nancy Pelosi trades.”
It’s amazing that politicians who have never manifested any expertise in economics in their lives, in fact have conclusively demonstrated economic illiteracy, suddenly turn in to stock market gunslingers upon election to Congress. Makes me want to run for something….