I have no doubt that wall street thinks the republicans will retain control

[still_one]

Let's show them that it isn't the corporations that run the government, BUT THE PEOPLE

[Randomthought]

1. actually Wall Street is wringing their collective hands

I work for an investment firm and it's gloom and doom.

[sui generis]

4. ruh roh

private equity or advisory?

[still_one]

7. Not exactly what they are pumping on MSNBC and Bloomberg to some degree

Good to hear that they are just as nervous as us though

[sui generis]

2. let's show the news who reported that crap

that it isn't the republicans who run wall street.

I wish we could hang a journalist every time they said something absurd. It would surely bring some integrity back into journalism.

[melm00se]

3. doesn't the market

do BETTER under democratic administrations?

[still_one]

8. historically yes, but the short term thinking is different

and especially now, the impression is that republicans are better for corporations

[ThomWV]

5. Wall Street Will Welcome Sound Government

Sound decisions made by rational men at the national level leads to prosperity and that prosperity means profits.

No one, and certainly not investors, does better when the nation is in chaos. The reason the market has risen lately is because the investing community recognizes that sanity is about to return to Washington.

[Swede]

6. They did just fine under Clinton.

Real fine.

[still_one]

9. I agree, but that is NOT what they currently believe

[Burma Jones]

10. I Disagree....K Street Firms have been hiring Democrats recently

The lobbying machine is gearing up to influence a Democratic Majority........

[Nye Bevan]

11. The market is up on anticipation of gridlock government....

http://www.bloomberg.com/apps/news?pid=20601084&sid=aVjIpVodE3Y4&refer=stocks


Nov. 7 (Bloomberg) -- U.S. stocks rose before congressional elections in which Democrats may take control of one or both houses, leading to gridlock that would forestall new regulations and curb government spending.

``The market has probably discounted in the Democrats taking control of the House, Republicans keeping control of the Senate, and in that case they are not likely to have any significant policy changes,'' said James Dunigan, who helps manage $50 billion as chief investment officer at PNC Advisors in Philadelphia. ``Gridlock in these cases is good."

(snip)

Gridlock helped the market in the last decade. The S&P 500 tripled from 1995 until 2000, when President George W. Bush won the presidency and Republicans retained control of the House and Senate.

[still_one]

14. The quote you cite has dunigan talking out of both sides of his mouth

In one sentence he indicates that there will NOT be any significant policy changes, and in the next, "gridlock is good"

If the Democrats win at least the house, THERE WILL BE CHANGES, if nothing else, it will start investigations, which may very well lead to criminal charges

[NashVegas]

12. The Dow Has Been Going Up Up Up With Dem-leaning Polls

They know how badly the GOP has screwed things up.

[DemocratSinceBirth]

13. Investors Could Care Less As Long They Are Making Money

eom

[still_one]

15. Not short term. Read the financial publications

[DemocratSinceBirth]

16. Because They Probably Don't Like Change...

If you research the data you will find the markets perform better under Democratic administrations.

[still_one]

17. I agree with everything you are saying