Congress’ Economic Impact
2009 April 21
Since 1965, the stock market has grown 52 times faster when Congress is out of session. Since 2000, Congress has actually had a negative effect on the stock market.
Historical research indicates that, more often than not, when Congress is in session there is a negative effect on equities markets (the “Congressional Effect”) due possibly to investor fear and uncertainty surrounding government action — or possible action – as well as unintended adverse consequences on the stock market of Congressional legislative initiatives.
Maybe we could just pay them to stay home.
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