Tag Archives: GOP
Last night’s election results have sent the message the stock market wanted to hear. President Bush has won a second term by a narrow, but clear margin. The GOP has held on to both houses of Congress, and looks to have increased its lead significantly in the Senate. What does it mean for investors?
There are several ways to look at the stock market’s rally since mid-August. You could say it’s a response to lower bond yields. A reaction to improved corporate earnings reports. Or maybe the market is simply celebrating President Bush’s bounce in the polls.