Like the rest of the country, I am dealing with the aftermath of the presidential election. The stock market rallied for the day after the elections, but it’s probably more of a response to the fact the election was over quickly, not a response to specifically the guy who won.
While we could think about what would be different in the economy if the other guy won, there’s really not much point. If you’re a stock person, I’d suggest defense-related companies, security-related companies, pharmaceuticals a little, and any new faith-based companies that may enter the markets in the next few years.
I’m not a stock person, though. I don’t have enough money for gambling. I don’t have enough money to make brokers and financial companies rich off the fees and commissions I would be required to pay. Most companies wouldn’t want me and my small potatoes anyway.
Mmmm potatoes.
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