August 7, 2008
Tristan Heinrich recently wrote on TheMotleyFool: "Economists surveyed by The Washington Business Journal think that, on the whole, presidential candidate John McCain's policies would have a more positive impact on the stock market than those of his rival, Barack Obama. But an academic study reported by The Wall Street Journal suggests that market returns are higher when Democrats hold the highest office."
Comments | 5 Total
August 7, 2008 at 8:45am by Rachel King
Even if Obama taxed gasoline industries (should he win the presidency), Exxon still made $11 billion last year. Their stock prices will drop, but they won't be hurt. If his plan works, the middle class then has more money to spend, it will stimulate the economy further, helping the stock market in the long run.
But I don't think we can really predict either candidate's policies effects entirely since we don't know what kind of other events might take place in the future (i.e. wars, natural disasters), that might occur and throw both of their plans off.
August 7, 2008 at 12:23pm by Sheldon Schwartz
Old vs New Economy issue isn't it.
We need to decide who we want to be- a dead and dying old republic or a new, innovative democracy.
Markets could do very well with new innovation!
August 7, 2008 at 12:59pm by andre barros
Well here in Brazil...I Think, usa needs new ideas...obama...its a good choice...
August 7, 2008 at 3:36pm by Dirk Davenport
there are two parts to the statement. you can't agree/disagree, because you dn't know which one you are answering. any conclusions deducted from the data collected will be wrong.
example-
heinrich makes two staemants....
1)economist surveyed....
2)but and academic study.......
agree/disagree? there are two statements, but they are asking you to make one statement.
you can agree with the 1st part and disagree with the 2nd....how do you answer?
August 13, 2008 at 5:27pm by Frank Casey
OBAMA '08