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- Title
ELECTION FEVER.
- Authors
COUCH, ROBIN L.
- Abstract
The article mentions the influence of financial markets on the presidential elections in the United States. Research by Houlihan Lokey Howard & Zukin found that financial indicators such as stock prices and interest rates are not predictors for election outcomes. However, the study suggests that corporate profits do influence presidential elections and can keep a political party in the White House if corporate earnings are strong during the administration's third year. Houlihan Lokey chief investment officer Marko A. Budgyk predicts that U.S. President George Bush will not be reelected. The study also indicates that there will be no surge in the stock market in 1993 or 1994.
- Subjects
UNITED States; ELECTION forecasting; UNITED States presidential elections; ECONOMIC forecasting; BUDGYK, Marko A.; HOULIHAN Lokey Howard &; Zukin Inc.; CORPORATE profits; BUSINESS &; politics; EMPLOYEES
- Publication
Financial Executive, 1992, Vol 8, Issue 5, p7
- ISSN
0895-4186
- Publication type
Article