Friday, October 27, 2006

US - Markets sensing Republican win?

One thing the markets hate is uncertainty and a Democrat win in November or even a split would spell uncertainty for the markets. While a Republican win would signal stablility for the markets.

The latest great economic news may indicate the markets are expecting the Republicans to win this November.

NEW YORK ( -- Falling oil prices and rallying tech shares recharged the rally Thursday, pushing the Dow to another record high, the S&P 500 to an almost 6-year high and the Nasdaq to its highest point in 5-1/2 years.

And there's yet more good economic news.

Durable goods post biggest jump in 6 years

Add to all this great economic news the falling gas prices and unemployment and this could spell disaster for the Democrats.

All this comes despite the left wing media's support for the Democrats.

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