Oct 28 2008

Your Vote, Your Bottom Line

Published by Manarin Investment Counsel at 2:18 pm under Legislation, Stock Market

Interesting commentary here from the Cato Institute’s Richard Rahn on who you elect to Congress and the impact on your stock market investments. 

Key Quote:  ” … over the last quarter century when the Republicans controlled both houses of Congress, the stock market rose by an average of about 20 percent per year.  When the Democrats controlled both houses of Congress, the stock market only rose an average annual rate of 6.9 percent for the Dow Jones and a tepid 5.1 percent for the Standard & Poor['s] 500.”

For those of you not familiar with the Cato Institute, they are a leading advocate on promoting the principals of liberty, free markets, and limited government.  Cato is the best organization I know of at getting this message out to mainstream America.  Here is their website, blog, and Twitter feed. 
 

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One response so far

One Response to “Your Vote, Your Bottom Line”

  1. # Jameson 28 Oct 2008 at 4:28 pm

    Interesting indeed. Nearly all we hear about is the presidential election and the candidates the establishment give us. It’s easy to forget that the Congress is who actually create the laws.

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