Sunday, October 10, 2004

Post-Election Prediction

Regardless of who wins in November, the stock market will make a post-election rally. The market hates uncertainty and we definitely have plenty of this.

However, I think a Bush win produces a bigger rally. A Kerry win still produces a rally and Kerry of course will take all the credit for it. Just as Bush inherited a recession, Kerry would inherit a bull market. Neither should get the blame/credit for their respective, inherited markets.

Bush does get credit for the post-election rally whether he wins or loses.