Tuesday, April 22, 2008

Which Candidate is best for the Stock Market?

Which candidate would be better for the stock market is regularly discussed on all the "Talking Heads" programs these days. Good arguments that support the Republican McCain or the Democrats Clinton and Obama can be made. The fact is that we have had Boom and Bust stock markets under both parties in the past.

What makes for good stock markets is not always clear. I do not suggest that the traditional yardsticks of earnings, supply and demand, taxation, etc. etc. etc. do not matter...of course they do. Neither the Political Party in power or the Super Bowl winner (NFL or old AFL team) have much to do with the fate of the stock market anymore. Even more so because there is a new dynamic which has changed the lay of the land. The stock market now means the WORLD STOCK MARKET. There are new products and tools available to American's to invest in companies and sectors world wide and profit from the hot country or sector wherever that may be. Micro and Macro investing has taken on a much broader meaning.

Therefore, do not waste your vote by casting it for a Republican or Democrat because you believe one or the other will be better for your 401K. Simply cast your vote for the best person to lead our great country. Making money in the World Stock Market is NOT based on who wins the US Presidency...Just my humble opinion.

1 comment:

Anonymous said...

Hi. Well written article. What actual happens is Wall St. will simply adjust to which ever party wins. So certain stocks and/or sectors due better under different leadership.

Thanks