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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: surfbaron who wrote (8860)11/6/2002 11:36:09 AM
From: stockman_scott  Respond to of 89467
 
10:05 ET Sector Watch: Election Fallout : Early action is focused on industry groups considered to be biggest beneficiaries of election results. These include Drugs (+2.6%), Defense (+2%), Energy (+2%), Oil Drillers (+1.6%), Managed Health (+1.6%)... Not faring as well are "government-backed" mortgage agencies FNM -2.5% and FRE -3.5%. Investors are concerned that a GOP-controlled Congress is a greater threat to these controversial agencies. These fears are carrying over to the Homebuilding and Home Furnishings groups.

-Briefing.com