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Old 10-15-2010, 17:00   #36
VBG23
Senior Member
 
Join Date: Mar 2006
Posts: 741
Quote:
Originally Posted by Big Bird View Post
Can I give you a hint? 1988 was the last year of Reagan's second term. Even if he could have maipulated markets with his working group he couldn't run for a third term... So what was his motive?
Is this a serious question given the current midterms? If the markets tank during an election year, whatever party is in power has a tendency to lose. It isn't Reagan or Carter or Obama or Bush, it is the Democratic party or the Republican party and whichever party the buisness world thinks will be beneficial.

A rising market is not a guaranteed win, but a sinking market is a huge weight around the neck of whatever political party lays claim to the guy in office.
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