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PrintJanuary 3, 2011
Did Republicans Save the Stock Market for 2010?
Granted, I have nothing scientific here. However, the following is just my observations.
The top three U.S. Equity Indexes gained between 11% and almost 17% for calendar year 2010. Most of these gains took place from early October, a month before the Congressional Election, through the end of the year. Is it possible that the market, which was sluggish for most of the year, went into over-drive once it was confirmed beyond any shred of reasonable doubt that Republican will have solid November, thus putting some hold on Obama's agenda of killing business? If so, do investors need to expect a healthy year on Wall Street going forward?
I am just throwing it out there. I'll be glad to read comments here on American Thinker. Thanks a lot, friends.
The writer can be reached via email: yossi@yossigestetner.com
