Wednesday, October 20, 2010

Wall Street Election Outlook

Mid-term elections: Which political party is best for the stock market?


Notice that the market tends to perform better from the mid-term election until the next major election.

Now, is there a reason for this or is this just random?

I lean towards the latter, but if you're an undecided voter with a stock portfolio, might as well punch the GOP chad. I'm a big believer in a split government. I like it when the politicians are so busy arguing with each other that they can't even agree on the time of day.

Admiral Stockdale said it best, "Grrrridlock."