I really don't think it matters which liberal gets elected president Clinton, Obama, or Mcaine. It will matter if we have a veto proof Democrat Senate and House. Then kiss all forms of independence goodbye.
Hilary can beat McCain but hasn't beaten Obama; Obama can beat Hilary but can't beat McCain. You figure it out from here.
Back to the original question. My opinion is that it doesn't matter. News fits the charts. If the market gets at a level where it needs to sell off, then if Obama wins it will sell off. But if it's not this, it will be something else. The market does not price things in or out, the sentiment moves in waves up and down according the the price action at levels.
ZDREG best interpretted what I was getting at; they seemingly don't vote in what would appear to be their best self interest. I digress; Obama would be a disaster when coupled with a Democrat controlled congress. We would experience tax hikes, regulation run amuck, and the decreased economic liberties. I would imgaine that equities would sell off in the face of increased capital gains taxes as they've historically done. He seems to be hell bent against corpotarate america and industry in general, so it should be interesting to see how the markets treat react to this marxist.
Does the stock market really do worse with a Democratic president? When the Democrats last controlled Congess and the White House did government spending really grow out of control? Did the stock market tank the last time taxes were increased? Just curious I guess.
Why Obama would never win the election. <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1913322"> This is a racist picture. It would be fair if the images include whites, Hispanic, Asian, etc.
im sorry to say this but if Osama wins not only will the stock markets plunge but so will America as we know it vote for Osama at your own risk