I’m probably not the only person who’s now holding back on major purchases, such as planned home improvement projects, because of the uncertain state of the economy caused by the political disarray of the nation which is already resulting in financial hardships and forcible downsizing of community investments. The lawmakers allowing this disarray and disorder are also making financial decisions based on what they see happening, and of course, what they have control over. Neat trick to be able to control the economy while betting on it, isn’t it?
Rob Bresnahan is the member of Congress representing Northeastern Pennsylvania in the House of Representatives, and he just dumped between $15k and $50k of stocks in the home improvement and construction supply store Lowes.
Watchlist News – Rep. Robert Bresnahan, Jr. Sells Lowe’s Companies, Inc. (NYSE:LOW) Stock Posted by Mark Dietrich on Feb 15th, 2025 Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Lowe’s Companies, Inc. (NYSE:LOW). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lowe’s Companies stock on February 7th. The trade occurred in the Representative’s “LPL ACCOUNT I” account. Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025. Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025. Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025. Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025. Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025. Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/29/2025. Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025. Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025. Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025. Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.