Keith Fitz-Gerald

US Lawmakers Could Drive Crude Oil Prices Higher

Congressional meddling could actually push crude oil prices even higher. By artificially draining liquidity from the market, new laws would make trading more difficult and increase prices.

Poor Presidential Approval Ratings Make for Great Stock Markets

According to a study of presidential approval ratings by Ned Davis Research that looks back all the way to the days of President John F. Kennedy, when the president’s approval rating is below 35%, as it is now, the Dow Jones Industrial Average Index loses an average of 5.9% per year. When times are good and presidential approval ratings exceed 65%, the Dow rises at an annualized rate of 2.6%.