Monday, November 5, 2012

Politics

A hard look at the evidence, however, shows that 'gridlock isn't good for stocks,' says Robert Johnson, a finance professor at Creighton University in Omaha. In a working paper that covers 1965 through 2008, he and his colleagues found that gridlock had no effect on the returns of the big companies represented by the Standard & Poor's 500-stock index. Small stocks (as measured by Dimensional Fund Advisors' small-company portfolios) returned an average of 21 percentage points less in years when Washington was in gridlock than they did when Congress and the White House were under common control. D3 gold is avaible here and so is D3 power leveling.

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