Wall Street reacts to the election

[AggieDave 6]

Wall Street reacts and reacts well to Bush's certain win. Lots of numbers going up, some of them quite well (such as Dow Futures).

--"When I die, may I be surrounded by scattered chrome and burning gasoline."

[Paulipod 0]

Yeah, good time to invest in military manufacture too

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[nacmacfeegle 0]

Same this side of the pond, not unusual though. Everyone gets skittish around election time.

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He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me. Thomas Jefferson

[PhillyKev 0]

That was going to happen regardless. Personally, I'm looking into selling while they shoot up and buying some gold.

[mailin 0]

Not a surprise, republican electees are usually very good news for business.


Jen

Arianna Frances

[SkyDekker 1,465]

Quote

Not a surprise, republican electees are usually very good news for business.

actually the market has traditionally performed better under a Democrat...

In the mean time your Dollar is tanking big time. For a Canadian like myself this is ideal. Markets going up, US dollar at almost historical lows and a re-elected president who will pile on the debt, keeping your currency very, very weak.

[pleifer 0]

Actually, I think the market would have gone up either way. The market hesitates in uncertainty... if Kerry was elected the market would also go up, just in different sectors...

just my $0.02

_________________________________________
The Angel of Duh has spoke

[Casurf1978 0]

Quote

Not a surprise, republican electees are usually very good news for business.


Jen

Actually the market likes an incumbent. Doesnt matter if its Dem or Rep, main reason is that the market already knows where they stand.