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The Presidential Election Cycle… What The Obama-McCain Battle Means For Stocks
America will soon elect its next president.
What was a hotly contested race a few weeks ago now appears to be swinging in favor of Democratic candidate Barack Obama, but that doesn’t necessarily mean Election Night will be much less dramatic.
The question is: How will this major event and changing of the White House guard affects the economy, the stock market – and more importantly, individual investors? Many investors are already sick to death of the drama that the stock market has tossed at them this year, so aren’t likely to welcome much more.
Let’s take a look…
The Four-Year Presidential Cycle And…
3Nov2008 | Smart Profits Report | Comments Off | Continued2008 Presidetial Election Map
Obama vs. McCain
I realize it’s a bit early to do any kind of election predictions, but for all you political junkies out there, here’s the current score. If the presidential election were held today and it was Obama (D) up against McCain (R), the Democrat would come out on top winning 46% vs. 43% nationally.
According to a Rasmussen polling report, the Democrats would pick up Iowa, New Mexico, and Ohio (debatable). This would give them 284 electoral votes against 216 for the GOP.
This time around, Colorado, Missouri, Nevada, and Virginia all represent toss-up states that are up for…
19Feb2008 | S. Oakes | Comments Off | Continued
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