[Read free ebook] Trade the Congressional Effect: How To Profit from Congress's Impact on the Stock Market (Wiley Trading)






 | #3038628 in eBooks |  2012-09-07 |  2012-09-07 | File Name: B0098ERTD0


||1 of 1 people found the following review helpful.| Timely addition for every serious bookshelf|By Peter Brown|There's investment books and there's timely epic publications that are great books in their own right. Value for its content. Timely for taking note of something that's true, the severity of government intervention in the economy--its massive downward pull on the profit motive and the stock market.|0 of 0 people found|From the Inside Flap||"From 1965 through 2011, measuring each of the 11,832 trading days during that period, the price of the S&P 500 Index rose at an annualized rate of less than 1% on days Congress was in session, but over 16% on days they were out of sess

An innovative investment approach that takes the actions of the U.S. Congress into consideration

Historical research indicates that, more often than not, when Congress is in session there is a negative effect on equities markets (the "Congressional Effect") due possibly to investor uncertainty surrounding government action or inaction as well as the unintended consequences of Congressional legislative initiatives on the stock market. Author Eric Singer, a fina...


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