Re: Politics and Stock Market
I just read that the election could cause the stock market to rally and it could last for at least ninety days. That would be great because the market effects everything.
Experts say that a rise in the stock market goes hand-in-hand with the mid-term elections. Typically there is an equalization of power with the mid-term elections and if history repeats that will mean a boost to the market.
The stock market doesn't do well with uncertaintly, thats for sure. Once everything is settled with the elections, the uncertaintly is gone and the market goes up.
In the past, the market has almost always began to rally about thirty days prior to the election. This year was no different so thats good news.
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More than ever before, Americans are suffering from back problems... back taxes, back rent, back auto payments. ~ Robert Orben ~
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