Interesting. I figured the market would pop with an obama win because Bernanke steps down in 2 years and obama will get to appoint a new fed chair.. so continued qe etc. Who do you think this move favors?
If Michele Bachman is not re elected you can expect higher gas prices. She is the only one who promised to return them to the Bush era prices.
Spoos will get hit hard on an Obama win and Bonds will spike big time. This will last for a week then you'll likely see the reverse happen into the end of the year. Next year will be a disaster. Stock up on can food and water.
A stalemate is the ideal obama presidency for me.. well aside from the 'fiscal cliff'. Krauthammer made a call on this though, that it would work in obama's favor. He won't work with the reps and sequestration will happen, so he will shrink the deficit without compromise and get to blame the reps for all the defense layoffs.. which he obviously wants.
what's he got to lose now? If Romney got it the first thing he would do is figure out how to get elected again. Obama has nothing to lose. Doesn't seem to me to be the kind of guy that wants a lot of money. Doubt he will will want to be remembered for a bad economy. bout time he gets his shit together, and I think in some small way he will.
I honestly don't see how next year can be good. We just lost the keystone pipeline which was going to create all the jobs. Instead we'll be building faggot wind mills in NM and trying QE 10 to pump interest rates 2 bps lower. Such a joke.