Close U.S President Race Could Hit Stocks-Analysts

[Pale Blue Dot]

Reuters

NEW YORK (Reuters) - As the U.S. presidential election approaches, many investors have already bet that President Bush will win reelection, but a close race or shift in opinion favoring the Democrats could roil the stock market later this year, analysts warned.

Despite signs of a still weak job market, most indicators point to a strongly rebounding economy, leading many market watchers to believe that Bush will be hard to beat in November.

Most polls show Bush in a commanding lead over each of his potential Democratic challengers, though front-runner, former Vermont Gov. Howard Dean, has been catching up recently.

"The financial markets have priced in the fact that Bush is likely to win another term, and that Congress will also remain firmly in (Republican) hands," said Kathy Bostjancic, a senior economist at Merrill Lynch, echoing a common Wall Street theme.

Don't vote Democratic! The stock market will crash! :eyes:

[Melodybe]

1. What utter trash the cooperate whores will know the jig is up when we

have a Dem in office. Ha Ha Ha!! It will jail all around for those disgusting bastards! BTW the stock market dropped when they crowned Bu$h pResident.

[NJCher]

15. not only that

Remember when they used to have to put him on after 4 p.m. because the market would automatically take a dive when he opened his mouth?



Cher

[joeunderdog]

22. The market almost always declines in election years. Look it up.

The market has historically performed better with Democrats in office, contrary to popular sentiment. Look that up, too.

[Newsjock]

2. Although that might indeed happen

When employees will once again be paid for their overtime work.

When companies face new restrictions on sending jobs overseas.

When people who make over $300,000 per year have to cough up an extra 3% in taxes.

When industries once again are required to respect the environment.

Yes, indeed, for gawd's sake, whatever you do, don't vote Democratic. :)

[54anickel]

3. Link is broken

http://www.reuters.com/newsArticle.jhtml?type=reutersEdge&storyID=4135726

[Pale Blue Dot]

5. Sorry. I fixed it in the original post. nt

[hatrack]

4. God forbid we do anything - ANYTHING - to disturb the precious market!

Because that would be bad - BAAAAAAAAAAD!

[bluestateguy]

6. We all know that Clinton was just a disaster for the stock market

Oye vay!

[denverbill]

7. Ridiculously stupid analysis.

Larry 'the idiot' Kudlow claimed the market fell in 2000 because people were afraid Bush wouldn't be nominated. When it fell in November/December, he repeated the same mantra, claiming it was uncertainty over the results that caused it.

The market still isn't back to where it was when Bush got elected. Democrats are ALWAYS better for the market than Republicans.

[Pale Blue Dot]

8. They are making their excuses now. Mark my words.

This economy is NOT sustainable in its current state. I beleive that it is merely smoke and mirrors holding it up right now.

Blaming the Democrats has already begun!

[54anickel]

12. I tend to agree, it's balancing on the edge of the tank now.

If it does tank, they'll be sure to blame it on the uncertainty of the close presidential race. Seems everything that comes out of their mouths these days is in preparation of furthering the agenda.
Look on the bright side, if it tanks, no one will have to worry about having any taxable gains - sort of like the UE that doesn't have to worry much about income tax, but alas even that paltry sum is taxable for the working class.

[ozone_man]

13. That's right, they're already looking for an exuse.

Because the P/E's are way too high right now, they must be starying to see the cliff edge from here. They blamed the war, they blame Democrats, but the stock market has pretty consistently done better under Democrats.

[JeebusH]

9. translation: the Market no longer be propped up if Dumbya is loses

[Mz Pip]

10. Sounds like a threat

to me.

Stocks did fine under Clinton, but I guess that doesn't count.

These people are slime. Bush is pro business to the point of obsession. There isn't a move he makes that does not favor the business community in some way, so it is hardly surprising that Wall Street is whoring for Bush.

MzPip
:dem:

[Cocoa]

11. democracy bad for business?

How are the stocks doing in Cuba?

[grasswire]

14. what a cheap trick

...designed to keep America's middle-class investors from voting Democratic, for fear of losing their retirement.

CHEAP TRICK!

[Gman]

16. In the months leading up to Clinton's impeachment

when the RW was threatening it but hadn't actually done it, the market would nose dive on news of impeachment and rally strongly if it appeared he may not be impeached.

Even in '96 the market was skittish about Clinton losing.

I guess its all relative.

[Enraged_Ape]

17. Vote for Bush or your worthless stocks will become even less valuable

If that's the bogus message they're trying to present with all this, why don't they just come out and say it that way?

[xchrom]

18. like the market is and economy is working now?

hmmm -- more of this working and i'll have to get two more jobs.

[slappypan]

19. Stocks fare better under Democratic presidents.

It is a well-documented historical fact, see Jeremy Siegel's book Stocks for the Long Run ... I hope all the dumb bastards sell when we elect a Democrat, it will be a great buying opportunity. All investors should vote Democratic. They try threatening us with this same bullshit every four years.

[indepat]

20. So a weak job market in a strongly rebounding economy: whew, corporate

profits at the expense of workers?

[markus]

21. Don't Invest in Corruption!

If you're buying Halliburton, media conglomerates or other industries or businesses that are looting the public purse under the GOP, time to sell.

We're coming for you.

You have been warned.