3 Things to Remember as the Stock Market Retests Winter 2010 Lows

  • Financial reform legislation is likely to pass in the coming months, creating clarity for business as to what the new rules will be.
  • Republicans are likely to pick up seats in the House of Representatives and Senate from Democrats, creating the perception of a more business-friendly Congress (whether or not the policies really help).
  • The time for when economist Nouriel Roubini earlier predicted the recession could end—December 2010—will come, increasing the prospect that the highly publicized academic who does extensive consulting for market players could speak less cynically about the market’s future.

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