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Way back in 1932, noted economist John Maynard Keynes caught Franklin Delano Roosevelt's ear when he suggested that the economy could be manipulated by the government. This was especially important to a president who was seeking re-election.
This has continued to the present day with the timing of the tax cuts, the shot in the arm the economy needed, was calculated to see a drop in unemployment. During this period, highly speculative stocks do very well. Small caps also tend to trend higher in these periods. Historically, these are very difficult times for both the conservative investor and those looking for good solid investments for the long term. [ Close Window ] |