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If Congress Stalls, Do Stocks Rise?
September 27, 2010, 4:27 am

From Jeff Sommer writing in The New York Times’s Strategies column:

Is political gridlock really good for the stock market?

Conventional wisdom, rooted in derisive humor, says it is. “This country has come to feel the same when Congress is in session as we do when the baby gets hold of a hammer,” Will Rogers wrote in The New York Times on July 5, 1930. “It’s just a question of how much damage he can do with it before you can take it away from him.”


http://dealbook.blogs.nytimes.com/2010/09/27/if-congress-stalls-do-stocks-rise/?src=busln