I have already reduced my 401k contribution......temporarily. There is always a slight dip after a Democrat is elected. It upsets the Wall Street crowd, initially, but it doesn't take long before their greed overcomes them.
Here's a couple interesting facts I heard on the radio today;
Only once, has anyone defeated an incumbent Democrat for the Whitehouse....Reagan in 1980. There have been single term Democratic Presidents, but, they had all declined nomination (....a la LBJ.)
The largest DOW gain after an election took place in 1984-----7.2% single day.
Just thought I'd throw our GOP friends a nostalgic ray of sunshine today.
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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