Wednesday, November 7, 2012

The election has come and gone

The election has come and gone. While all the main stream media can focus on are the results, the stock market's focus will almost certainly shift to the major hurdle to overcome this year: The Fiscal Cliff.
It's important to remember that despite the hysterics surrounding the election results, the current Congress and President have to work together to form some sort of compromise and avoid falling over the Fiscal Cliff. The outlook for a deal is pretty slim.
In the post-election analysis and political jockeying, the core theme should revert back to is clarity ...
Markets have suffered over the past few years mainly due to a lack of clarity from Europe and China. The lack of clarity regarding our government is holding back the markets. Only our current government officials have the ability to provide clarity on taxes, military spending, and entitlements between now and the end of the year.
What will the future hold for America.

Samuel E Burns

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