Willisms
Navigation

Buy WILLisms

XML Feed
WILLisms.com on Twitter

Featured Entries

The Babe Theory Of Political Movements.
Mar. 21, 2005 11:50 AM

Iran's Sham Election In Houston.
June 20, 2005 5:36 AM

Yes, Kanye, Bush Does Care.
Oct. 31, 2005 12:41 AM

Health Care vs. Wealth Care.
Nov. 23, 2005 3:28 PM

Americans Voting With Their Feet.
Nov. 30, 2005 1:33 PM

Idea Majorities Matter.
May 12, 2006 6:15 PM

Twilight Zone Economics.
Oct. 17, 2006 12:30 AM

The "Shrinking" Middle Class.
Dec. 13, 2006 1:01 PM

From Ashes, GOP Opportunities.
Dec. 18, 2006 6:37 PM

Battle Between Entitlements & Pork.
Dec. 21, 2006 12:31 PM

Let Economic Freedom Reign.
Dec. 22, 2006 10:22 PM

Biggest Health Care Moment In Decades.
July 25, 2007 4:32 PM

Unions Antithetical to Liberty.
May 28, 2008 11:12 PM

Right To Work States Rock.
June 9, 2008 12:25 PM



Donate





Links

Blogroll Me!







Search



Archives

June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004




Social Security Reform Thursday.
January 29, 2008

Caption Contest Archive
Jan. 21, 2009

The Carnival Of Classiness.
Mar. 14, 2006

Quotational Therapy: Obama.
Apr. 4, 2008

Mainstream Melee: Wolfowitz.
May 19, 2007

Pundit Roundtable: Leaks.
July 9, 2006

A WILLisms.com(ic), by Ken McCracken
July 14, 2006




Credits

Powered by Movable Type 3.17
Site Design by Sekimori




WILLisms.com January 2009 Book of the Month (certified classy):











The WILLisms.com Gift Shop: Support This Site

giftshopbanner.gif











This Week's Carnival of Revolutions: carnivalbutton.gif



Carnival Home Base: homebase.gif

























Willisms

« Wednesday Caption Contest: Part 168. | WILLisms.com | Trivia Tidbit of the Day: Part 516 -- Texas, California, & Domestic Migration. »

Trivia Tidbit of the Day: Part 515 -- Keeping Investments Safe From Congress.

"That government is best that governs least."-

Ronald Reagan famously remarked that the nine most terrifying words in the English language are "I'm from the government, and I'm here to help."

In Texas, our legislature meets for only 140 days every two years. We're not as fortunate at the Federal level.

As I've highlighted on WILLisms.com before (here & here), when Congress meets, our economy underperforms. Stocks, specifically, don't like Congress.

For example, from May 23 through December 31 of last year, the S&P 500 lost 34.20% of its value. If you eliminate days over that same period in which Congress met, it only lost 2.19% So far this year, the S&P 500 is up 2.57% when Congress is not meeting, although it's down 5.78% overall.

These are not merely recent trends. The trend goes back more than 100 years.

An examination of the data from the mid-1960s through the end of 2007 reveals that stocks gained 17.6% (annualized) when Congress was not in session and only 1.6% when Congress was in session:

congressionaleffect.gif

I've often wished there was some way to invest in the overall market, but exclusively when Congress was out of session. Now there's a way to do just that.

It's a tempting prospect for sure. Their minimum investment is a thousand bucks.


-------------------------------------

Previous Trivia Tidbit: Bush Cut Middle Class Taxes.

Posted by Will Franklin · 19 January 2009 04:32 PM

Comments

Welcome back, Will! As it turns out, I'm not surprised... but I'm intrigued.

Posted by: Mr. Michael at January 20, 2009 12:12 AM