Zeev's Turnips Patch-No Politics (ZEEV)

[sberg]

Zeev gave six good reasons for a possible cyclical bull starting 2nd half of the year. I wanted to add a 7th.

7. Election year cycle: Earlier Zeev post mentioned that dividend tax cut could suck bond money into market from those who don't understand stock risk. Maybe bad tax policy but should have a big impact on market during election year. Options expiration week is a decimal point in comparison to the present value to the market of even a modest dividend tax cut.
Last major rally ended almost to the day of Congressional elections. Unless Iraq ends in Armageddon (in which case we can ask Zeev when the mesiah's coming) IMHO we get a cyclical bull during election year.