Sunday, October 31, 2010
Investors Keep a Close Eye on November Elections
With the November elections approaching, investors will be paying close attention to the outcome. For the past several months, the stock market has rallied based on information that the November elections are likely to elect Republicans, which is expected to bolster big business, resulting in a better stock market.
In this article, the author has the purpose of raising awareness that the stock market may not be as stable as we think. The author was using a technique related to logos, appealing to the logic of the reader. This reasoning makes the reader believe it is likely that we could actually be in for a ride when it comes to the stock market by using examples.
Examples of this use of logic include referencing the fact that many investors expect Republicans to gain control of the House. Therefore, if they did not win the House, he reasons that as a result of the unexpected happening, the stock market will become increasingly unstable.
As a result of that instability, a reader using their logical reasoning could come to the conclusion that consumer confidence in the economy could decline, therefore resulting in a sharp drop in the stock market. All this could potentially take place without anything actually being done wrong by the Democratic party, so despite the performance of either party, the market could become become unstable.
Thanks to the authors strong use of reasoning in order to win over his readers, he is able to make a point that the stock market should be watched closely as election results are announced, as it could have a drastic effect on the economy.
Read the original article here:
http://www.msnbc.msn.com/id/39937144/ns/business-stocks_and_economy/
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