Politics- Cramer: Market to soar if Dems lose Massachusetts race

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Cramer: Market to soar if Dems lose Massachusetts race

Tuesday, January 19, 2010
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From Newsmax:

The best thing that can happen for the stock market would be for Democrat Martha Coakley to lose the Massachusetts Senate race Tuesday, says CNBC’s Jim Cramer.

On his show Mad Money, Cramer said that a victory by Republican Scott Brown would doom the Democrats’ healthcare reform effort. That’s because Democrats would no longer have the 60 votes needed to circumvent a Republican filibuster.

“I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and...

Read full article...

More on politics:

"Stunning wave" of Democrat losses ahead...

Democrat disaster: Scott Brown is going to win

Bloomberg: Congress doesn't know what's in the healthcare bill

Topics:		Politics \| Stocks

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