Anyone here considering a trading plan specifically mapped around US congressional elections to be held in a little over 2 months??
A whole slew of countries held elections in 2004, also notably Japan in 2005. Many, if not most, of these elections spurred dramatic moves in stock markets and currencies.
I'm just beginning to research the prospective impact of US Congressional elections to be held Nov 7. Thirty-three out of 100 senate seats are up for grabs, as well as all 435 seats in the House.
Initial assumption ahead of the election is that negative electioneering immediately ahead of polls should weigh on equities.
But, historically when one party controls the Congress and Presidency equity does worse than when Congress and Presidency are split and gridlock ensues. (Gridlock = less meddlesome government) Since Republicans control both Congress and Presidency, things can only get better, near-term, for sentiment toward equities??
Please, no political nonsense here - this is only about the prospect for the election to prove an important pivot for equity valuations. Political views are irrelevant for this discussion.
A whole slew of countries held elections in 2004, also notably Japan in 2005. Many, if not most, of these elections spurred dramatic moves in stock markets and currencies.
I'm just beginning to research the prospective impact of US Congressional elections to be held Nov 7. Thirty-three out of 100 senate seats are up for grabs, as well as all 435 seats in the House.
Initial assumption ahead of the election is that negative electioneering immediately ahead of polls should weigh on equities.
But, historically when one party controls the Congress and Presidency equity does worse than when Congress and Presidency are split and gridlock ensues. (Gridlock = less meddlesome government) Since Republicans control both Congress and Presidency, things can only get better, near-term, for sentiment toward equities??
Please, no political nonsense here - this is only about the prospect for the election to prove an important pivot for equity valuations. Political views are irrelevant for this discussion.