Post Election Stock Market

fortunespAccording to the November issue of Fortune Magazine, while 2017  still may be a rough year for the financial markets, history shows us that after each election, no matter who wins, there is a dip in the market that corrects itself. We have the benefit of hindsight that the article’s author, Taylor Tepper, (a staff writer at Money) didn’t have. We KNOW the finale of the election results.

What comes through in the November article is: while The President can have a major impact on our day-to-day lives, presidential politics has a very minor impact on the stock markets. Over the long run.

Election changes continued…

A Larger Majority

Senator Mitch McConnell (KY)

Senator Mitch McConnell (KY)

House Speaker John Boehner (OH-R) and his leadership team will now have a larger majority of rank-n-file members to work with.  Also, there will be some reassignments of powerful committee chairs as some Chairmen have reached their six-year term limitation, a policy agreement among the republican caucus.…

Ch-ch-changes! 2014 Election Wave

Political MapOhio, Wisconsin & Kansas! Oh My!

Republicans were able to hold onto several hotly contested governorships, as in Wisconsin and Kansas. For weeks, many have thought Ohio would re-elect incumbent John Kasich and they did. He bested his opponent by just over 30 points, winning every county but two. He even won in Democrat strongholds like Youngstown and Cleveland. This coupled with his record of bringing jobs to Ohio will certainly place him high on the list of republican presidential contenders for a 2016 run. Perhaps, most surprisingly, the very blue states of Maryland, Massachusetts, and Illinois elected Republican governors.  There are now 31 Republican governors and 16 Democrat governors; Alaska, Connecticut, and Vermont are still undecided.…

The Immigration Debate pt.1

Immigration reformRepublican presidential hopeful Newt Gingrich recently sparked the immigration debate by commenting during a GOP debate last week that the US should have a “humane” immigration policy.  Gingrich has since clarified his position by stating to multiple media outlets that “I am not for amnesty for anyone. I am not for a path to citizenship for anybody who got here illegally…But I am for a path to legality for those people whose ties run so deeply in America that it would truly be a tragedy to try and rip their family apart.“…