Congress in Session – Watch Your Portfolio!

By January 8, 2007General

Here’s an interesting tidbit from the gang over at the Club for Growth blog. As you may know, the new Congressional leadership has announced their plans to increase the number of days that Congress is in session. On its face, this would appear to be a laudable goal.

However, according to this analysis, it appears that the stock market — both the S&P and the NASDAQ — does far better when Congress is out of session. This, of course, lends credence to the cynics’ creed that when Congress is in recess, the Republic is safe. Apparently, your money does better then, too.