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The stock market is going up because investors expect Democratic victory

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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 12:59 AM
Original message
The stock market is going up because investors expect Democratic victory
I believe that there is a plainly simple explination why the stock market has been going up. Investors are becoming more and more confident that Democrats are going to win. A Democratic victory means more stability and less debt. This is good for the markets.
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scot Donating Member (145 posts) Send PM | Profile | Ignore Sat Oct-28-06 01:06 AM
Response to Original message
1. I know this won't be popular
but its probably more in anticipation of divided gov't than dem victory.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 01:10 AM
Response to Reply #1
2. Is there a difference?
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scot Donating Member (145 posts) Send PM | Profile | Ignore Sat Oct-28-06 01:41 AM
Response to Reply #2
4. I should have been clearer.
I think that the market anticipates a functionally divided CONGRESS. A house that is damn near right down the middle, and a Senate that stays R by just one or two votes. Even if the Congress nominally stays in R hands, or if it goes D by a few votes, we have a market that anticipate nothing happening - and that works for the mkt. Anyone that thinks the mkt is anticipating a solid D takeover of the legislature is not in the business.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 01:43 AM
Response to Reply #4
5. OK
I agree? :shrug:
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blitzen Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 01:45 AM
Response to Reply #4
6. historically, doesn't the Dow do better under Dems?
or at least under Dem presidents? I'm remember seeing stats on that a few years ago...
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OrangeCountyDemocrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 01:11 AM
Response to Original message
3. They're Fixing The Market, Like They're Fixing The Vote
It's manipulation, pure and simple. Just like the convenient drop in the price of oil. It's all a SHAM.

If the Dems win, the market will likely go down, as the corrupt companies and the current administration, realize the next 2 years will be difficult, and there might actually be some oversight into the smoke and mirrors.
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