English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2006-11-06 10:29:51 · 6 answers · asked by Truth Erector 3 in Politics & Government Politics

Dead serious on this one. I think I will. I think the market dropped last week after the Kerry inferno. Thanks a lot for blowing that out of proportion.

2006-11-06 10:32:08 · update #1

I was wondering if I should pull my pittance out and wait a few days to see if there is an emotional reaction, but I think (hope) it is factored in.

2006-11-06 10:40:04 · update #2

The markets actually do better under dems.
http://money.cnn.com/2004/01/21/markets/election_demsvreps/

2006-11-06 11:21:56 · update #3

6 answers

But while some investors are concerned the Democrats may be unfriendly to certain industries, such as pharmaceutical makers and oil producers, others seem comfortable with the idea of gridlock in the nation's capital. If the Democrats win the House, "we'll have a stagnated government without a lot of new regulations from Congress, and that could be good for business," said Charles Rotblut, senior market analyst at Zacks Investment Research.
wsj.com

Despite 'market friendly' Republican policies, stocks rise more and volatility dips under Democrats.

But here's Wall Street's strange little irony -- studies show the stock market performs better and tends to be less volatile when Democrats are in power.
http://money.cnn.com/2004/01/21/markets/election_demsvreps/

2006-11-06 10:38:01 · answer #1 · answered by Anonymous · 1 0

Traditionally, the stock market does better during a GOP government. However, they are currently indicating that the market doesn't care who is in office. Check history and when Bush was elected it went up several hundred points. It'll be interesting to see what happens on 11-8-2006.
I'm just tired of paying taxes on my 401k and retirement fund then when I draw I pay taxes again---this is all due to democrats thinking, tax the hell out of people that work hard and give to the needy, who never work and want hand outs.

2006-11-06 10:41:06 · answer #2 · answered by proud mom ♥ 4 · 1 1

Hard to say. I think it has more to do with consumer satisfaction and corporate spending than who is in the House and Senate. I would like to see slow steady growth. I think it is more important to do nation building at home and building up the countries in our neighborhood than abroad messing around with problems we can't fix like Iran, Iraq, Europe, Africa and Asia.

2006-11-06 10:42:59 · answer #3 · answered by Paul K 6 · 0 0

HISTORICALY THE MARKET LOVES A SPLIT IN THE HOUSES! YOU WILL BE FINE ! I DIDN'T CHANGE ANYTHING IN MY 401K AND AM LETTING OTHER STOCK OPTIONS RIDE! TIME TO MAKE SOME MORE MONEY! AHHHHHHHH LIFE IS GOOD !

2006-11-06 10:34:43 · answer #4 · answered by Anonymous · 0 0

Nope.

2006-11-06 10:33:20 · answer #5 · answered by Harvie Ruth 5 · 0 1

No.

2006-11-06 10:32:03 · answer #6 · answered by ? 6 · 0 1

fedest.com, questions and answers