The Election is Today. Who's Your Favorite?
The answer is probably straightforward for the hardcore Republicans or Democrats. Yet for the investor it really depends. Generally speaking investor with major holdings on health care related shares would favor Republican as the Republican majority house and senate could overturn the earlier passed Healthcare Reform Act. Banking stock would also benefit as Republican favor less government controls on the financial industry.
On the other hand a Democrat victory would be bad news for high-end retailers stocks due to expected higher taxes but investors betting heavily on alternative energy would sure throw a party as Democrat favors green policies.
On the other hand a Democrat victory would be bad news for high-end retailers stocks due to expected higher taxes but investors betting heavily on alternative energy would sure throw a party as Democrat favors green policies.
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