Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Copenhagen Stock Exchange - Focus: Win Or Vanish!

Date 17/02/2004

In Focus no. 74 Equity Strategist Henrik Henriksen, Jyske Bank, looks at the effect that the US presidential election and any rate increases ordered by the Fed will have on the equity market in 2004.

History shows that the equity market has the best performance record in an election year when the incumbent president is re-elected. In general, the equity market has a better performance record when the White House is led by a Democratic president rather than a Republican president. This also applies to the Congress as the shares perform better under Democratic dominance. However, the best performance is apparently achieved, when the president is a Democrat and Congress is controlled by the Republicans.

Read the article "Win or vanish!" in Focus no. 74 at the Exchange's website www.cse.dk.