Sunday, October 31, 2010

Investors Have Stake in Tuesday's Elections

Summary: There has been a rally in the stock market for about two months now, and on Tuesday these investors will witness if the outcomes of the elections are in their favor. An overwhelming amount of them are hoping for more Republicans in Congress and lots of cheap money. The stock market has been showing that the Republicans are gaining ground in the polls and if they have a bigger population than the Democrats it is more likely that our government will become more business-friendly. They figure that this type of economy will lower the unemployment rate; so long as the market stays active. As of now there is a 45 percent chance that the Republicans will take over 60 seats in the house.

Opinion: I believe that investors will have an affect on the upcoming election. Their desire to outnumber the Democrats in Congress will make the elections very competitive and close in numbers. Although I'm not sure if their desires will quite be enough. Since there are a greater amount of Democrats in Congress today, it will take more than just investors alone to change the numbers that drastically. I have a feeling that if there is a Democrat representing a state now, then it is more likely for the state to elect another Democratic Representative. I think that the investors are on the right track though, and have good reasons for their battle. A business-friendly government could very well be a step in the right direction for our country, I'm just not sure it will happen that quickly.

http://www.msnbc.msn.com/id/39937144/ns/business-stocks_and_economy/

No comments:

Post a Comment