The Presidential Election ..... Theory (PECT) of stock prices suggests that stocks decline soon after a president is elected when harsh and unpopular measures are necessary to bring inflation, government spending and deficits under control for the long-term health of the economy.

The Presidential Election ..... Theory (PECT) of stock prices suggests that stocks decline soon after a president is elected when harsh and unpopular measures are necessary to bring inflation, government spending and deficits under control for the long-term health of the economy. (*) Consequence (*) Control (*) Corollary (*) Cycle


This is a companion discussion topic for the original entry at https://english.best/questions/9266,the-presidential-election-___-theory-pect-of-stock-prices-suggests-that-stocks-decline-soon-after-a-president-is-elected-when-harsh-and-unpopular-measures-are-necessary-to-bring-inflation-government-spending-and-deficits-under-control-for-the-long-term-health-of-the-economy/