What Do They Know? Insiders Are Dumping Stocks At A Pace Never Seen Before In All Of U.S. History

http://theeconomiccollapseblog.com/ ^ | December 1, 2021 | by Michael Snyder

[RomanSoldier19]

Why are CEOs and corporate insiders selling their stocks at a far faster rate than we have ever seen before? Do they know something that the rest of us do not? If stock prices are going to continue soaring into the stratosphere like many in the mainstream media are suggesting, these insiders that are dumping stocks like there is no tomorrow will miss out on some absolutely enormous profits. On the other hand, if a colossal market crash is coming in 2022, then 2021 was absolutely the perfect time to get out. As I have said countless times before, you only make money in the stock market if you get out in time. Could it be possible that many of the richest people in the world have picked the absolutely perfect moment to pull the trigger?

According to CNBC, CEOs and corporate insiders have sold 69 billion dollars worth of stock so far this year. That is a new all-time record, and it is a whopping 30 percent higher than last year…

CEOs and corporate insiders have sold a record $69 billion in stock in 2021, as looming tax hikes and lofty share prices encourage many to take profits.

From Satya Nadella at Microsoft to Jeff Bezos and Elon Musk, CEOs, founders and insiders have been cashing in their stock at the highest pace on record. As of Monday, sales by insiders are up 30% from 2020 to $69 billion, and up 79% versus a 10-year average, according to InsiderScore/Verity, which excludes sales by large institutional holders.

[JD_UTDallas]

The’m earth’s tilt to the ecliptic is 23’5 degrees and. New Zealand stretches from 25 south to past 50 south with the bulk of the two islands below 40 south. The billionaires are all on the southern island well past 40 south. For most of the year other than a few months around the winter solstice New Zealand is as far as you could get from the ecliptic.

https://www.mapsofworld.com/lat_long/newzealand-lat-long.html

[steve86]

Yes, I was fascinated by the change just travelling from Auckland to Christchurch via train and ferry.

[aimhigh]

Only a war on ALL 65+ year olds can bring down our underfunded liabilities. Wait…

I've thought about this several times. The majority of those dying from covid are over 65. I haven't seen a single article talking about the positive effect on Social Security or Medicare.

[rb22982]

True, but unless you want to lose 7+% to inflation a year (OK 3% most years) you have to invest in something - and everything you can invest in has some risk. Stocks have a very, very good track record over the long haul and nearly any longer term period except the first half of the great depression. Your cash has a depreciating asset that fluctuates in value so pretending you are safe not investing is moronic.