Although this is counterintuitive to those hoping for tax cuts, there is always the possibility the market is readying itself for the massive boost in American (possibly world) CONSUMER confidence that would be caused by a liberal takeover of American government.
We may recall that both the 60s and the 90s were mostly go-go periods for business activity, and the beginning of the burst of the tech bubble started in March, 2000, just as it became predicted that George Bush would win in the fall of that year.
U.S. News Money takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties.
Reader Comments
Back to blog
Daniel David of 5:34PM May 16, 2008