In Asia on Tuesday, Hong Kong’s Hang Seng Index rose 0.1%, China’s Shanghai Composite inched down 0.3%. and in Japan, the Nikkei 225 crept up 0.1%. Investors are closely monitoring the U.S. midterm elections, with many predicti…
Many are watching to see if voters say yes to Proposition 19, the controversial ballot measure that would legalize marijuana in California. Advocates say it would be a moneymaker. Opponents see nothing but trouble ahead if Prop…
The midterm elections and the third year of a president’s term in office have historically led to a stock market rally. If history repeats itself, expect a new stock market rally this year and another one in 2011.
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With elections near and joblessness still so high, Congress and even the Fed are chasing short-term solutions that won’t really help matters. More finely targeted policies would be effective, but don’t expect any until, with lu…