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Post-Election Update

This article was written by in Economy, Investing. Comments Off

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.

Published or updated November 4, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .