Video: The 'Congress' effect and market strategy - CNN Money
There are all kinds of investment strategies out there. How about timing the market by using Congress' schedule?
In an interview with CNN, author Eric Singer says his research of 12,000 trading days showed that when Congress is in session, the market generally performed poorly. Singer says,
What's the reason? Singer points to "legislative risk" that divert the attention of Wall Street, which limits market gains and could present a good buying opportunity.
Watch the video on CNN Money.