Quote:
Originally posted by Undertoad
The market's too big and the stakes too high. They don't really care whether Bush wins;...
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Stock market must have some opinion. After all, market has been negative the first year any Republican became president since WWII. Sounds like a either a pattern or something akin to astrology.
No president and his friends are going to manipulate the S&P 500. Too many companies. Too wide a perspective of the US economy. One way they may make markets boom is to cut taxes while increasing spending. 1) It was already done - the results displayed by those graphs. 2) Such games then to result in less growth and lower stock markets - the hangover - years later.