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Politics : 1998 Election impact on market
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To: DavidG who wrote (2)11/2/1998 9:27:00 PM
From: Zoltan!   of 26
 
>>It looks like the Market likes Clinton, up when he's out of trouble and down when he's in (it).

Not true.

The recent rally began just two hours before the House voted to pursue the impeachment inquiry, with only 5 members voting "no". Impeachment by the House has been a foregone conclusion ever since then.

Remember, the huge rally began in November 1994 when the Republicans took the House and Senate in that historic election.

Most people would regard both events as putting Clinton "in trouble".
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