The stock market is going up because investors expect Democratic victory

[Renew Deal]

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.

[scot]

1. I know this won't be popular

but its probably more in anticipation of divided gov't than dem victory.

[Renew Deal]

2. Is there a difference?

[scot]

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.

[Renew Deal]

5. OK

I agree?

[blitzen]

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...

[OrangeCountyDemocrat]

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.