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b'JOIN PETER at the New Orleans Investment Conference
\\nhttps://neworleansconference.com/conference-schedule/
\\nDivided Government is Good?
\\nIf the Democrats get control of Congress, which is a likely occurrence, what I\'m hearing now is that this is bullish for the stock market! The stock market bulls are saying that if we have divided government that this is historically positive for the markets.\\xa0 So even if the Republicans lose control of the House, and maybe even the Senate, it\'s OK, because it\'s divided government and that is good.
\\nHoping for More Deregulation
\\nThis is a bunch of nonsense. Has divided government historically been a positive? I think so, in that when you have a divided government you are less likely to make progress in legislation and since most legislation is harmful, the less legislation you get is better. But in the situation we have now, the hope is that we will have deregulation. That the progress that Trump will make will be in removing regulation.\\xa0 Obviously if the Democrats take control of Congress, if you were hoping for more deregulation then your divided government will put a stop to that. So if divided government keeps government from getting smaller then it is not a good thing. If divided government stops the government from getting bigger, then maybe you could say it is positive.
\\nBuilding an Entire Stock Market Rally on Trump\'s Agenda
\\nBut if you have built an entire stock market rally off of the supposed success of Donald Trump and his agenda, and his ability to get his agenda through Congress, that ability is going to be substantially curtailed, if not completely eliminated if the Democrats control Congress. Nothing that Trump wants to do will get through Congress so if you\'ve been betting that it would, then the Republicans losing control of Congress is definitely a bad thing.
\\nNot The Contract with America
\\nThis is not\\xa0Newt Gingrich and The Contract with America, when Republican control of Congress forced Bill Clinton to move to the right and maybe stopped some of his big government agenda that would have gotten through a Democratic Congress.\\xa0 When you had the Republican Congress putting a brake on Clinton\'s agenda, moving the nation more to the center, yes, that was a positive for the markets.
\\nWe Don\'t Want to Even Fathom a Negative Influence on the Stock Market
\\nBut why would losing a business-friendly Republican Congress to the Democrats, to Socialist Democrats, why is that bullish for stocks? How could you possibly think that is bullish for stocks if you think what we have now is bullish, and we lose a chunk of that, that just shows you that it doesn\'t matter what happens, these analysts are always going to say it\'s bullish. No matter what happens, it\'s bullish for stocks, because stocks are going up.\\xa0 We don\'t want to even fathom the possibility that anything happening would be negative for stocks.\\n\\nOur Sponsors:\\n* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/ \\n\\nPrivacy & Opt-Out: https://redcircle.com/privacy'