According to a September 5 NOTUS article, Moore has quietly spent up to $245,000 purchasing shares in the Direxion Daily Small Cap Bear 3X Shares fund. That fund essentially shorts the Russell 2000 stock index, meaning its value increases when that index falls and loses value when it rises.
You don’t need to be an expert in business or finance to know that Donald Trump’s policies are tanking the economy. But Republican members of Congress are too feckless to tell the truth to their constituents. You couldn’t have a better example of cowardly hypocrisy than Rep. Tim Moore.
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