OK. Just curious on peoples thoughts here.
Statements I hear quite frequently are:
"Energy prices are down because the party in power drove them down before the elections."
"Stock prices are up because the party in power drove them up before the elections."
My question is this: If all the members of the party in power have the power to move the markets in their favor, what stops the members of the party OUT of power from just moving it back against the ruling party ?
I guess I just have a hard time buying into the "illuminati theory" of market action.
Others thought ?
-T
Statements I hear quite frequently are:
"Energy prices are down because the party in power drove them down before the elections."
"Stock prices are up because the party in power drove them up before the elections."
My question is this: If all the members of the party in power have the power to move the markets in their favor, what stops the members of the party OUT of power from just moving it back against the ruling party ?
I guess I just have a hard time buying into the "illuminati theory" of market action.
Others thought ?
-T