Bipartisan Bill Proposed: What is Predicted of the Stock Market?

Politicians seem to have some of the best performing investment portfolios which is why the BiPartisan Restoring Faith in Government Act was introduced to prohibit congress member stock market trading. The bipartisan bill is sponsored by GOP Reps Matt Gaetz and Brian Fitzpatrick alongside Alexandria Ocasio-Cortez, amongst others.

On this episode of Untamed Ethos, host Dr. Joshua Wilson, who recently successfully defended his PhD dissertation, chats with guest Dr. Russell Rhoads, a Clinical Associate Professor at the Indiana University Kelley School of Business. The two discuss a new bipartisan bill that has been proposed that would prohibit stock trading in Congress.

Wilson was quick to propose that this marked a great opportunity for investment advisors to speak out in favor of the retail client. But in a capitalist society, should congress members be banned from being allowed to own stock and trade?

Rhoads noted, “If you go into Congress, you probably should, there should be some sort of mechanism in there where you get a money manager that, you know, uses one of those CFA, cookie-cutter solutions…and here’s how we’re going to allocate for you.”

Dr. Rhoads and Dr. Wilson also discuss…

● How current events affect market volatility

● Where the state of the stock market lies

● Rhoads’ prediction on the outlook of the stocks in the coming years

“The most favored number is a 25-basis point cut in September, and I just don’t see that happening and I gotta figure out how to go about trading this because the only way you can really make money trading fixed income is if you have a different opinion than the rest of the market,” said Rhoads.

Russell Rhoads, PhD, was previously head of research at EQDerivatives. He is now an Associate Clinical Professor at the Kelley School of Business at Indiana University. He has over three decades of experience in the trading and financial market industries. Rhoads is also a published author, including Candlestick Charting for Dummies, and The VIX Trader’s Handbook, amongst others.

Follow us on social media for the latest updates in B2B!



innovative data center practices
Applied Digital Strengthens Community Relations through Innovative Data Center Practices
May 21, 2024

As Applied Digital continues to expand its footprint across rural America, its commitment to integrating with and revitalizing local communities stands out. The company’s unique approach to building and operating data centers brings advanced technology to these areas while stimulating local economies and fostering community development. How does Applied Digital ensure seamless integration and…

Read More
data center operators
From Fields to Data Centers: Applied Digital’s Training Program Transforms Farmers into Data Center Operators
May 21, 2024

Nick Phillips, the EVP of Hosting Operations and Public Affairs at Applied Digital, emphasizes the transformative impact of Applied Digital’s training programs, which convert agricultural land into high-tech data centers and enable farmers to transition into skilled data center operators. This initiative highlights the company’s commitment to community development and technological advancement.

Read More
water conservation and sustainability
Water Conservation and Sustainability Are Critical for a Data Center’s Success
May 21, 2024

Digital infrastructure is essential, and as data centers expand, their environmental impact, water conservation and sustainability have come under scrutiny. As the demand for data storage and processing capabilities grows exponentially, so does the concern for the environmental impact of these facilities, particularly in terms of water usage. Nick Phillips, the EVP of Hosting…

Read More
AI-driven computing
Reducing the Gap in Skilled Trades Can Be Solved by Boosting Trade Education Initiatives
May 21, 2024

Currently, skilled trades are facing significant shortages making the need for innovative solutions and passionate involvement more urgent than before. Statistics indicate a looming gap in the workforce, expected to reach millions in the next decade, as older generations retire without sufficient newcomers to fill their roles. At the heart of this issue is…

Read More