1998 Election impact on market | Political Discussion Forums

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Politics
1998 Election impact on market

An SI Board Since November 1998

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Emcee: Roger A. Babb	Type: Unmoderated

Introduction Compact

Let's make our predictions for the market impact of the Congressional elections now and then later we can discuss the results. I will start with my prediction:

1. I think the recent market rally has been due in part to an expectation that Republicans will not win enough seats to drive on with the impeachment proceedings. An expectation that the election will not be a bad referendum on Mr. Clinton. There was a huge rally when he was re-elected 2 years ago, another rally when it seems that he will hang on.

2. If the Republicans win veto proof control of Congress, or even come close by picking up several seats, we can expect the Starr saga to drag on for two more years. The stock market will promptly crash in this event.

3. If the Republican gains are small, or even losses, so that the current balance of power is not shifted, we can expect the current market rally to explode and we will see new market highs before yearend.

There is my prediction. Now let's hear yours.............

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
26	Jeff, that is from the top down,they have small communities of capitalistic com	Hiram Walker	-	11/7/1998
25	The Chinese are a socialistic one party dictatorship with no air, sea, or space	Jeff Carolla	-	11/7/1998
24	Right on brother. You hit the nail on the head. Clinton has a screwed up pers	Jeff Carolla	-	11/7/1998
23	Jon, our election predictions are right on track. The market is headed for new	Roger A. Babb	-	11/6/1998
22	Exactly my thoughts, Roger! Traditionally, Replublican wins are considered goo	Jon Tara	-	11/4/1998
21	Roger, you are right, the rally will continue. Elections are short term positiv	Hiram Walker	-	11/4/1998
20	Roger, It's so refreshing to see you on the bullish corner, as I've be	Muthusamy SELVARAJU	-	11/4/1998
19	Jeff, I agree with you and it looks like we got our wish. The election results	Roger A. Babb	-	11/4/1998
18	I think the answer is simple, and a function of how market economies operate. I	Jeff Bond	-	11/3/1998
17	Good post. My personal concern is that without strong republican pressure, a t	Short A. Few	-	11/3/1998
16	1. I have to agree with the prevailing opinion that it is a Republican Congress	Kevin Podsiadlik	-	11/3/1998
15	<< I also think there will be a growing consensus that the impeachment fa	Shawn Donahue	-	11/3/1998
14	Roger Is this a case of dealing with the "Devil we know" (neutral po	B Tate	-	11/3/1998
13	Just a thought… The market is constantly infused with new money (how many Bill	mchip	-	11/3/1998
12	MT, To sum up the opinions so far: 1. Everyone thinks a big Democratic win wou	Roger A. Babb	-	11/2/1998
11	This market likes the fiscal responsibility of the Republican congress. Especi	dougb 1	-	11/2/1998
10	>><i>I agree that the current bull market started in early 1995<	Zoltan!	-	11/2/1998
9	The stock market seems to always favor a political status quo situation, and wo	Market Tracker	-	11/2/1998
8	Zoltan, at least we agree on the point that a big win by the Democrats would be	Roger A. Babb	-	11/2/1998
7	Not to get nit picky, but you appear to suggest that the difference between th	Alan Lee	-	11/2/1998
6	>><i>It looks like the Market likes Clinton, up when he's out o	Zoltan!	-	11/2/1998
5	Roger, Bernie's opinion (not necessarily Caroline's): optionsource.com	Caroline	-	11/2/1998
4	>><i>1. I think the recent market rally has been due in part to an	Zoltan!	-	11/2/1998
3	David, my view is that the market is happy when a balance of power in Washingto	Roger A. Babb	-	11/2/1998
2	It looks like the Market likes Clinton, up when he's out of trouble and dow	DavidG	-	11/2/1998

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