What can the market expect if Obama / Biden wins?

Asked by TexLex in Latest News 3 months ago

Answers

2703 points

MNSL answered 3 months ago …

I think there will be some affect in both commodity and stock market.

There will be some positive developments in the market after presidential election,

However there will be some dramatic fall in commodity prices specially for some commodities. As a result inflation will come down gradually.

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3127 points

EthanR answered 3 months ago …

MNSL, I'm not sure how you came to that conclusion. Obama has absolutely no plan for oil except to tax the oil companies more heavily. The Feds try that with the tobacco companies and all they do is raise their prices. Inflation will not quit under the Obama/Biden administration, and in fact it is likely to do worse, IMHO. You also may see a huge sell off in the stock market, as investors sell their winners before Obama can raise the capital gains tax.

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2703 points

MNSL answered 3 months ago …

Who ever win the next presidential election their first priority will be how to tame the inflation. They will take maximum effort to control commodity prices.

Even if John McCain wins this presidential election there will be some positive developments in the stock market towards end of this year.

Commodity prices will come down badly specially for some commodities due to their favorable policies. We will see even commodity crashes in some other countries.

I agree with some of the economic policies of both presidential candidates because it will help to reduce inflation pressure gradually.

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211 points

MichaelShulman answered 3 months ago …

At this point, many things won't matter one whit who wins the administration.

The incoming president -- President "McBama" -- faces a half-trillion-dollar deficit, the need to re-capitalize Freddie Mac (FRE) and Fannie Mae (FNM), growing unemployment, a wrecked housing market, continuing weakness in banks and a Democratic Congress that will flat-out refuse to renew the current tax cuts that expire in 2010.

The reality of what the next president faces should creep into the market after the Labor Day -- which means the market should go down. That's why I always make sure to play some money on the short side via put options.

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106 points

sandirose answered 3 months ago …

The Market will probably go down, with either cadidate. He will pobably try to tame inflation

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583 points

jillybeansisme answered 3 months ago …

Many of the tax consequences will happen no matter who is in office unless legislation is passed to continue the breaks, which is unlikely. I believe this includes the capital gains tax, the estate tax, etc. The economy is bad. Bad economy means people tighten their belts (little spending on luxury items). Bad weather means crop devestation, leading to price increases leading to less spending on discretionary items. And so on . . . So stash your cash and invest prudently.

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