NewsFeeder
Headline News
- Reaction score
- 3
Forget gridlock, Republican win may be better for stocks
U.S. President Donald Trump has warned that his favorite measure of success, the stock market, is imperiled if voters favor Democrats in next week's congressional elections. While not fully accurate - stocks tend to rise regardless of who controls the government - it does bear out that the market has delivered a slightly stronger performance on average when Republicans dominate in Washington. A Reuters analysis of the past half century shows stocks fared better in the two calendar years after congressional elections when Republicans control Congress and the presidency than when Democrats controlled the two branches, and at least as well as during times of gridlock.
https://finance.yahoo.com/news/forget-gridlock-republican-win-may-122116104.html?.tsrc=rss
U.S. President Donald Trump has warned that his favorite measure of success, the stock market, is imperiled if voters favor Democrats in next week's congressional elections. While not fully accurate - stocks tend to rise regardless of who controls the government - it does bear out that the market has delivered a slightly stronger performance on average when Republicans dominate in Washington. A Reuters analysis of the past half century shows stocks fared better in the two calendar years after congressional elections when Republicans control Congress and the presidency than when Democrats controlled the two branches, and at least as well as during times of gridlock.
https://finance.yahoo.com/news/forget-gridlock-republican-win-may-122116104.html?.tsrc=rss
