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Historically the S&P 500 has generated a positive return for the following 6 months - 1 year after the election. With the fiscal cliff looming it will be very interesting to see how the market performs going forward.
Historically speaking the S&P 500 has always had a positive return for the next 6 months - 1 year after an election. It will be very interesting to see if history repeats itself and the S&P 500 generates a positive return 6 months - 1 year after the next president is elected. With the upcoming fiscal cliff and the ongo...more
The same argument could be made for all of the money wasted bailing out investment banks that simply made bad trades with our money. Iraq and Afghanistan have cost generations of US taxpayers.
And then we wonder why the richest one percent are able to keep money in offshore bank accounts and avoid tax. The people in control of the system are the ones benefiting from the lapses in the tax system and the average American suffers. WE the taxpayer are keeping the system afloat only to have these crooks of congre...more