The AAII New York City Chapter presents...

Gridlock Is Not Good for Equity Markets

    Discussed by:

    Sam Stovall
    Chief Investment Strategist, CFRA

This notice is being written just prior to the election, so the outcome is not certain. However, if, as predicted, a Republican House and a Democratic Senate occur, it will likely create gridlock. Conventional Wall Street wisdom says this is good, as it prevents damaging legislation. Our speaker will explain why history says just the opposite: Gridlock is not good for the S&P 500. He will discuss sector strategies for such an environment.

Attend This Meeting and Learn...
The difference in the historical growth of the S&P 500 and market sectors under total and partial governmental gridlock and under total unity
What strategies should be employed in each of these possible government environments?
What possible government actions—including those of the Fed—will create opportunities in specific market sectors?

Wednesday, December 1, 2010
5:45 p.m.    Registration
6:15 p.m.    Program
7:45 p.m.     Refreshments (wine & snacks)
The Community Center at St. Jean Baptiste Church
180 East 76th St.
Manhattan, NY
[ Map This Location ]
In Advance* (received by 11/24), Everyone, $24/person
At the Door* (space permitting), Everyone, $30/person

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