Yeah that would suck royally if you unloaded everything you had in your equity portfolio under the assumption of a stocks going to 0 under obama. And now watching this huge bull market passing you buy. Locking in losses you will never recover.
I agree and disagree ... I suspect McCain would have used bailout moneys better than Obama' payoffs and pissing in the wind moneys that pumps most Fed Moneys in Gov growth versus production oriented incentives that repubs tend to lean towards.
Why does anybody think that the fool who happens to live in the White House has anything to do with whether the markets go up or down? After crashing so hard at the end of 2008 the markets were bound to pop up no matter who got elected. What is a certainty is that Obama is getting our country hellaciously into debt -- and McCain would have done the same thing. Whether this is good for us in the long run is still very much in doubt. Japan tried much the same thing after their 1980s bubble and their stock market has ground down relentlessly ever since.
Indeed ... it is quite common in the dialectic after a Repub ... that a Dem spending spree does return to an upside market.