 | "ECONOMY KEEPS ON CRUMBLING" NEWSMAX, WAYNE ALLYN ROOT, JUNE 7 2011 Wayne Allyn Root writes: "Government is a failure everywhere. Don't take my word for it. The Congressional Effect Fund, a mutual fund on Wall Street, has studied the effects of Congress on the economy for decades. Since 1964, whenever Congress is in session, the U.S. stock market is up about 1 percent on an annualized basis. During that same period, while Congress is on vacation, the stock market is up 17 percent. Coincidence?" Read more... |  | FUND INVESTS IN STOCKS ONLY WHEN CONGRESS IS IN SESSION JOHN WAGGONER, USA TODAY, May 25 2011 Portfolio manager, Eric Singer, has one rule: Don't invest in stocks when Congress is in session. And so far, that rule has served him well. Read more... |  | "GOVERNMENT SHUTDOWN A 'PLUS FOR THE MARKETS'" HESTREET.COM, ROBERT HOLMES, APRIL 7 2011 Eric Singerlaughs when he recalls the last government shutdowns in November 1995, during which he sat with a congressman on Capitol Hill. During the very public battle between then-President Bill Clinton and Speaker of the House Newt Gingrich, expectations were that the stock market would be crushed as Americans lost confidence in the ability of the government. In addition, after threats Gingrich made about refusing to raise the debt ceiling for the Treasury Department, there were fears interest rates would head higher. Read more... |  | "FUND MANAGER TAKES DISTRUST OF CONGRESS TO NEW LEVEL" DAN JAMIESON, INVESTMENT NEWS, JANUARY 4, 2011 Investment News reporter, Dan Jamieson, interviews Fund Manager, Eric Singer regarding the Congressional Effect and the Congressional Effect Fund(R) Read more... |  | LAME DUCK SESSION BODES POORLY FOR STOCKS THE STREET, NOVEMBER 3, 2010
Investors say political gridlock stemming from an energized Republican Party will bode well for the stock market. Eric Singer, manager of the Congressional Effect Fund (CEFFX), isn't among them. Read more... |  | WHAT THE NEW CONGRESS MEANS FOR MARKETS THE WALL STREET JOURNAL, NOVEMBER 3, 2010
Eric Singer, manager of the Congressional Effect mutual fund, has followed the gold price since it first floated freely nearly 40 years ago. His findings: Over that time, gold typically beat stocks by a wide margin during periods of one-party rule, while stocks outperformed during periods of gridlock. Read more... |  | MARKETS: BETTER WHEN CONGRESS IS OUT OF SESSION? NEIL CAVUTO / FOX BUSINESS OCT OBER 12, 2010 Neil Cavuto interviews Fund Manager, Eric Singer, about the Congressional Effect and the Congressional Effect Fund.(R) Read more... |  | CONGRESS ON STEROIDS SLINKS OUT OF TOWN INVESTORS BUSINESS DAILY, OCTOBER 4, 2010 In 2008, rather than face the looming housing crisis, with the potential for a broad market crash that would shortly devastate a generation, Congress dropped everything to have an investigation into steroid use in baseball. Read more... |  | 'CONGRESSIONAL EFFECT': THOUGHTS ON MID-TERM ELECTION DAVID MOENNING, SEEKING ALPHA, SEPTEMBER 27, 2010
In a study of the Dow Index over a 108-year period, this "Congressional Effect" was analyzed and showing the following: more than 90% of Dow price gains came on days when Congress was out of session (!!). Read more... |  | IF CONGRESS STALLS, DO STOCKS RISE? THE NEW YORK TIMES, BY JEFF SOMMER, SEPTEMBER 25, 2010 IS political gridlock really good for the stock market? Conventional wisdom, rooted in derisive humor, says it is. Read more... |  | SNOW ADDS DRIFTS TO POLITICS THE WALL STREET JOURNAL, FEBRUARY 11, 2010 We were pleased to see the Congressional Effect Fund (symbol: CEFFX) mentioned in the closing of a light-hearted, yet seriously accurate, Wall Street Journal article Read more... |  | WHAT CAN CONGRESS DO TO HELP THE ECONOMY? STOP DOING ANYTHING! THE G. GORDON LIDDY SHOW, SEPTEMBER 30, 2009 Eric Singer was recently on The G. Gordon Liddy Show discussing his unique investment strategy. Read more... |  | OBAMA GRIDLOCKED IS THE MARKET'S NEW BEST FRIEND Bloomberg, by Amity Shlaes, September 8, 2009 Right wingers are in an uproar over President Barack Obama’s plan to address school children this week. Read more... |  | NEW A NEED INVESTMENT STRATEGY? THIS FUND MANAGER MAKES MONEY WHEN CONGRESS IS OUT OF TOWN Pajamas TV-Economy and Financial Review, with Allen Barton, July 7, 2009 Congressional Vacations: Good for Business...? Read more... |  | STUDY: STOCKS DO BETTER WITHOUT CONGRESS Fox Business, with Stuart Varney, June 26, 2009 Eric Singer from Congressional Effect Management on his study that weighs the relationship between the stock market and Congress... Read more... |  | NO MAN'S LIFE, LIBERTY, OR PROPERTY IS SAFE WHILE CONGRESS IS IN SESSION THE MOTLEY FOOL, BY TMFDeej, MARCH 31, 2009 I came across a funny sidebar in Forbes today. It starts out with the classic line from Mark Twain, "No Man's life, liberty, or property is safe while Congress is in session." The blurb talks about a new mutual fund called the Congressional Effect Fund... Read more... |  | DO STOCKS PERFORM BETTER WHEN CONGRESS IS OUT OF SESSION? Kansas City Star, BY WILLIAM GREINER, April 10th, 2009
UMB CIO William Greiner: Many of us in the financial services industry look for indicators to give us a clue as to what may happen in the markets. In many cases, these indicators are historically based according to how the markets have responded to significant variables in the past...
Read more... |  | INVESTING WITHOUT POLITICAL RISK US News, BY Michael Barone, MARCH 23, 2009 I don't give investment advice, but for those who want to avoid political risk, a portfolio manager named Eric Singer has created the Congressional Effect Fund... Read more... |  | OBAMA CAN HELP STOCKS WITH A YEAR-LONG VACATION Bloomberg, By Kevin Hassett, March 16, 2009 After months of equity-market agony, last week provided a bit of respite. For the week as a whole, the Standard & Poor’s 500 Index advanced almost 11 percent. Why did markets finally turn around, at least for a while? There were two big positive forces... Read more... |  | NEW INVESTING STRATEGY: CASH IN ON CONGRESS SmartMoney, by Donald L. Luskin, March 13, 2009 But high-velocity "change" in government policy on banks, energy, unionization, trade and all the rest means high market volatility, and that means there's upside as well as downside. Do you really want to miss the upside just to avoid missing the downside? Here's one approach you should consider. It's so simple it's almost fiendish... Read more... |  | OBAMA-PELOSI-REID IS PICTURE MARKETS WON'T LIKE BLOOMBERG, By Amity Shlaes, Oct 23, 2008 A unified government is a nightmare for the markets... Read more... |  | MARKETS PREFER A SPLIT GOVERNMENT FINANCIAL WEEK, By NICHOLAS RUMMELL. September 2, 2008 The ballroom at the Minneapolis Marriott hotel was packed with delegates, from one man with a shirt boasting at least three dozen McCain and GOP buttons to an investor who recently started a mutual fund that touts the benefits of investing only when Congress is out of session... Read more... |  | CONGRESS KILLS YOUR INVESTMENTS THE FINANCIAL NEWS, By MARK SKOUSEN, Published: July 18, 2008 Blogger’s note: Mark Skousen has some interesting news for investors: Did you know the congressional schedule can have a big effect on your stocks? Before your skepticism gets the better of you, take a look at Mark’s recent Investment U article below and discover the reasons behind his theory. You might... Read more... |  | WALL STREET; CONGRESS STOPS, THE DOW GOES UP THE NEW YORK TIMES, By DIANA B. HENRIQUES, Published: May 24, 1992 Mr. Singer acknowledged that Wall Street might be too quick to react when Congress indulges in its habit of "negotiating in the newspapers." But he argued that the market's skittishness is the only logical response to decades of disastrous legislative initiatives, dating back at least to the Smoot-Hawley tariffs that... Read more... |  | WHY STOCKS DO BETTER WHEN CONGRESS IS OUT OF SESSION THE OXFORD CLUB'S INVESTMENT U, By DR. MARK SKOUSEN, Advisory Panelist, Friday, July 11, 2008 ..I'm here at my big show, FreedomFest in Las Vegas, where I discovered one of the most unusual investment strategies I've ever seen. One of the 88 speakers is Eric Singer, long-time Wall Streeter who has created a novel mutual fund that handily beats the market but is only invested about 30% of the year!... Read more... |  | MR. SMITH IN WASHINGTON? SELL! THE BOSTON GLOBE, By Jeff Jacoby, Globe Columnist, Aug 27, 2008 "ON JULY 5, 1930, a letter from Will Rogers was published in The New York Times.” We sure had a great Fourth, especially after we picked up our morning papers and found that Congress had adjourned the night of the third," it began. "But our enthusiasm was immediately dampened, for the Senate are to meet... Read more... |
|
|