The effect of Democratic Senate and House on stocks, bonds, commodities, currencies and Gold
Peter Oberois
Nov. 7, 2006

The Democrats are poised to come back sharply in the mid-term election. The House may turn Democratic with thirty five seats switching hands and the Senate may see similar results in seven to eight races.

If Democrats can win both the legislative branch of the Government, bonds will rally, Gold will sump, dollar move higher slowly and stocks say where they are. Stocks as a matter of fact may move sharply higher after a temporary setback this year. The grid locked Government is the best for the stock market.

The Democrats are going slow down spending and lower the taxes for the middle class contrary to what the markets fear. The Democrats got their last chance to come to the center from left.

The Gold will go lower over time because of lack of budget deficit increase. Democrats are planning to implement “pay as you go” and that will be bullish for dollar and bond markets.

The effect of Democratic Senate and House on stocks, bonds, commodities, currencies and Gold
Peter Oberois
If Democrats can win both the legislative branch of the Government, bonds will rally, Gold will sump, dollar move higher slowly and stocks say where they are.
READ MORE>>

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