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lu_hawk
11-02-2004, 04:33 PM
14:57 Market update: stocks under severe pressure
It appears the markets are reacting negatively to unconfirmed speculation on recent exit polls showing Kerry ahead in a couple of key states. S&P 500 fell 8 points in rapid fashion

pc in NM
11-02-2004, 04:55 PM
The market will only sustain a downtrend from the election if there's an indication of potential or actual gridlock....

Typically, the market performs better under Democrats than under Republicans....

Wake up CALL
11-02-2004, 04:57 PM
[ QUOTE ]
Typically, the market performs better under Democrats than under Republicans....



[/ QUOTE ]

In what alternate universe?

pokerjo22
11-02-2004, 05:15 PM
[ QUOTE ]
In what alternate universe?

[/ QUOTE ]

1000 dollars invested over last hundred years in Dow under Republican presidents only would be worth about 89000 now.

1000 dollars invested over last hundred years in Dow under Democrat presidents only would be worth about 250000 now.

Although you could argue that the Democrats reap the benefits of the Republican policies you don't need to go looking for analternate universe.

Wake up CALL
11-03-2004, 11:08 AM
He said nothing about Republican Presidents. To be accurate the DOW performs the best with a weak Democrat for President and a Republican majority controlling Congress.

I'm all for economic success but I prefer a Republican President for many other reasons than just the Dow Jones factor.