I was told if Republicans won the Stock Market would soar

[Winterblues]

It is all red as far as I can see right now..:shrug:

[virtualobserver]

1. they were expecting the Repub win, so it was baked in.......

if Dems had won, the market would have plummeted.

But things are still bad, and the Republicans aren't going to fix it, therefore the market is still pessimistic.

The real question is how the market will react to the Fed, and how Rand Paul will react to it.
He could scare the markets.

[HughMoran]

2. HAHAHAHAHA!!!!

So the person who posted that the market would surge by 500 points today was "baked"?

The fact that the market has been flat for a while shows "baked in"??

How about the fact that gridlock is not good for an economic recovery?

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=9461875&mesg_id=9461875

[virtualobserver]

4. gridlock isn't good, especially now

but a Dem win would have scared the hell out of the market, since the total free pass from the Repubs would be off the table.

[TexasObserver]

5. I expect the markets to maintain until year's end.

I don't expect year end levels to be dramatically different than today, which has seen almost no change in the first two hours today. I felt the markets would respond generally positively no matter how the elections turned out, and expect that positive trend to be apparent in the next two months. Using the DOW as one indicator, I expect it be above 11,000 on January 1, 2011, and above 12,000 on January 1, 2012.

But in the first quarter and maybe the second quarter of next year, we could see some real stuttering in the recovery, such as is it. Tight money and concern about budget deficits will not fuel the economy. More tax breaks will not fuel the economy.

If the GOP is too weird when they take control of the House, they could spook the economy and if that happens, we'll probably see a decline for several months.



But as far as jobs go, who knows? Will the GOP cooperate on jobs legislation? Probably not.

[bemildred]

3. That was bullshit.

Anybody that pays attention knows that dems are better for the markets.