Here's some interesting news for your Tuesday morning. I'm sure this gives fuel to the "both parties are the same" mentality that is prevalent among many "left-minded" people.
IMO, it's just an indicator of the changing political landscape. Wall streeters tend to know which way the wind is blowing before the rest of the country. I think it also goes to show that honesty and integrity combined with not being a DUMBASS (republican sicko-phant) helps.
I also think that the horrible MSM will stop being the GOP's lackey once the tides changes, but that's another diary
SAN FRANCISCO (Dow Jones) -- Democrats might not wrest control of Congress in next month's U.S. elections, but new research suggests the current minority party has already mastered the stock market.
Blue Investment Management LLC, a New York-based investment adviser, says the stocks of U.S. companies that contribute more money to Democrats than to Republicans have significantly outperformed both the Standard & Poor's 500 Index (SPX) and shares of Republican-leaning companies over the past five years.
"Republicans receive more than twice as much corporate money as Democrats," the site notes, citing Federal Election Commission data.
"As shareholders, we are dedicated to amplifying and reinforcing the success of blue companies, checking the flow of corporate donations to Republican interests, and promoting higher standards of transparency and accountability."
http://www.easybourse.com/...
Update:
Here's more info about the fund if you are interested.
NEW YORK (CNNMoney.com) - Democrats who love to play the stock market now have a chance to really toe the party line.
Blue Investment Management said it plans offer its Blue Fund, which invests only in companies that give the majority of their political contributions to Democratic candidates and adhere to progressive values, the company announced in a SEC filing earlier this week.
http://money.cnn.com/...