
Will Congressional stock trades outperform the S&P 500 by more than 10 percentage points in 2023?
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1.4kαΉ10kresolved Jan 11
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Since the STOCK Act of 2012 made it a legal requirement for Congress to disclose financial transactions, a clear pattern has emerged: they always beat the market. In 2022, $SPY fell 18.2%, but the weighted index of Congressional trades fell less than 1%. Will resolve at the end of 2023 using data from the US Clerk's Office and NYSE, more intuitive visuals can be found here and here.
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