Sarah Palin Great News For McCain, Bad News For Stock Market

[True_Blue]

Source: Clusterstock

One of the more interesting aspects of this election cycle is how John McCain has consistently outperformed his party. Despite an unpopular incumbent administration, dismal economic outlook, and huge Democratic advantage in party affiliation, McCain is running almost even with Barack Obama.

Citigroup analysts think that the conventions haven't changed this, especially given the unbelievable popularity of Sarah Palin. The consequence for markets? Increased volatility as investors keep shifting their positions in anticipation of this or that outcome:

Given an unpopular war, poor Presidential approval ratings and a challenged economy, one would have expected a stronger lead for the Obama/Biden ticket over the McCain/Palin one. Yet, a tight race could keep equity market investors unsure of the outcome as a few key battleground states will likely decide the election.

Read more: http://www.clusterstock.com/2008/9/sarah-palin-pick-great-news-for-mccain-bad-news-for-stock-market

[Rosa Luxemburg]

1. the polls don't actually tell the truth

the polls are out-dated.

However this election hinges on whether Rove et al are going to tamper with the election again.

[danarchist]

3. Actually . . .

. . . this election hinges on whether the Dems will let them get away with it. Again.

[True_Blue]

4. Very true

Welcome to DU danarchist!:hi:

[lonestarnot]

5. Yes it does! And NO THEY WON'T!

Welcome to DU danarchist! :hi:

[kestrel91316]

2. Theocracy is bad for the economy and Wall Street knows it.

[AndyTiedye]

6. The Prospect of McClueless and Even-More-Clueless Trying to "Fix" the Economy

has investors running for the exits! :scared: