Published November 19, 2012
The market absorbed the news of President Obama’s re-election with a decidedly negative reaction. Both the Dow and the S&P fell more than 2 percent. Still, that was an improvement over 2008, when, on the day after Obama was elected, the Dow and the S&P both dropped more than 5 percent.
Both candidates [...]
Published October 15, 2012
U.S. equity markets have staged a strong rally since hitting a low point on June 1. At that time investors feared a global recession, Europe was facing disaster and the general outlook was despondency.
The market closed at 1,278.04 on June 1. It has since risen 12.7 percent through the third quarter in [...]
Published September 10, 2012
Since the overall market, as measured by Standard & Poor’s, is up over 13 percent for the year, over 10 percent since May lows and more than 2 percent in August alone, cautious optimism has emerged.
However, political risk hangs so heavily over markets globally, it is hard to be anything but worried. [...]
