Stock Markets Exposed

STOCK MARKET Soars to NEW HIGH on Democrat Win News, Why?

Before Dems even take charge, the stock market soared to a new all time High. Why is America so optimistic?

Public Comments

1. America is optomistic because it has a chance to get out of the hole the Republicans drove it into. Hooray!
2. The official reason given by most people on Wall Street is they forsee legislative gridlock in Washington, resulting in no "anti-business" laws being passed.
3. ummm......the stock market has been raising for months. Or are you just noticing this?
4. Because they are stocking up for the nuclear winter that is going to follow
5. Everybody wants to take their profits before taxes skyrocket!!!!!
6. The market hates uncertainty, Dems rule, no uncertainty
7. There not they are trying to invest as much as they can before the tax increases that are sure to come.
8. It's not. What Wall Street realizes is that the next 2 years are going to mean is a whole lot of nothing, which means no new major legislation will pass that will screw up the economy.
9. you mean it recovered after the drop because Bush is still President. Nice try at spin tho.
10. because even though we are sick of corruption, bad economical spending, and the war. mostly people are sick of bush not being such a great pres. ...mostly...
11. soared??? It was up less than 20 pts????????
12. The majority won the election. The majority are Democrats. Democrats are happy. Happy people spend money! Spending money makes the market go up.
13. Is today the first time you noticed it? It has been going up for several months. There have many many "all time high" records set.
14. It soared? Dow up 20, S&P up 9, and NASDAQ up 3. Looks pretty flat to me. But I think business generally looks favorable on gridlock, because more legislation ends up hurting business, rather than helping. To goodfell_az: Democrats are happy people? Sure wouldn't know it from reading Yahoo answers. Most of them are filled with anger. Even in victory, most are petty and spiteful.
15. The Stock Market has been going up for several months now, way before this election!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
16. Eh, you can't be sure that is the reason why. This morning my finance news headlines read: "Stocks fall on election results". This afternoon the same site posted "Stocks rise on election results". No kidding. I do think people want to be optimistic in the face of change. The big question is: Is the evil that you don't know any better than the evil you know?
17. The Dow is up 19.77 points and and the Nasdaq is up 9.07. You call that "SOARS" ?? LOL! The Dow actually had LOST points until around 2pm when it gained suddenly. According to the AP: "The Dow Jones industrials reaching another record close as investors grew more confident that a huge victory by Democrats in congressional elections would result in gridlock and keep lawmakers out of the way of business interests." WAll Street isn't happy about Dems. It's happy that there will be less interference in business!
18. The current markets in defense have slowed and profits leveled off . So now the market need to head in a new direction . We will invest in business that promote hgh risk loans at 12% intrest and profit of the increased wages and sink some money in the rental realestate market that dropped 15% in value in a year and raise rents now that the minimum wage is going to rise . Democrat republican does not matter . we have figured out how to stick it to the poor no matter what anyone does .
19. I wouldn't use the term "soar" to describe the less than 20 point increase on today's DOW. The term flat market is much more appropriate. Historically, a divided congress (house/senate) allows for great gains in the market. Right now the market is still being fueled by the genius tactics of the Bush administration that allowed for recent all time highs.Two years from now the effect of the dem changes will be seen. (If there are any changes).