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Election fever boosts US equity markets



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Published Date: 06 September 2008
THE upcoming US election could provide a welcome fillip for investors in US equities, judging by historic figures. According to research by multi-manager investment firm T. Bailey, eight out of the last nine presidential elections, going back to 1970, have seen positive US market returns in the three calendar months leading up to the election. It said that on average, US markets grow 4.4 per cent between August and October (inclusive) in election years, compared with 0.9 per cent in non-
According to T. Bailey, US markets are already good value.

T. Bailey's research was supported by Deutsche Bank, which said that US markets have rallied between election day and New Year's Day each time a new president has been elected, going back to 1952. The only exception came in 2000 amid the confusion of the George Bush-Al Gore deadlock.







The full article contains 150 words and appears in The Scotsman newspaper.
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  • Last Updated: 05 September 2008 10:25 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: US elections
 
1

Wally,

By The Rivers Of Babylon (USA) 06/09/2008 17:40:06
here's 2 articles.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aklRMKFpGM_Y&refer=home

http://www.iht.com/articles/ap/2008/09/05/business/EU-World-Markets.php

The economy in the US is bad and the stock market is not being boosted by the election. Maybe the journalist who wrote it should buy some tea bags and dump the tea onto a table in order to tell us what the tea leaves say.

 

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