Skip to comments.
Markets Eye 4 Horsemen Of Obama’s Second Term
Market Watch ^
| 11-9-2012
| Rachel Koning Beals
Posted on 11/10/2012 7:03:28 AM PST by blam
Markets Eye 4 Horsemen Of Obamas Second Term
By Rachel Koning Beals
Nov. 9, 2012, 5:20 p.m. EST
CHICAGO (MarketWatch) Whether you exhaled or gasped over the presidential election result, theres no denying what comes next: A deficit and budget slugfest that will play out against a vulnerable U.S. economic recovery and Europes own debt mop-up.
That means if you believe that the so-called fiscal cliff, in the shape of a planned $600 billion of federal spending cuts and higher taxes, threatens the growth-stock strategies favored during the election runup, it may be time for a little insurance.
President Barack Obama on Friday, in his first public statements at the White House since winning reelection, will call on Congress to take steps to help the economy and reduce the deficit, Laura Meckler reports on the News Hub.
Stock-market Armageddon portfolio? Not quite. Canned beans? You bet.
David Rosenberg, Chief Economist & Strategist at Toronto-based investment manager Gluskin Sheff + Associates, trotted out his four horsemen of risk in an August commentary, a time when trading screens flashed green and candidates grins flashed white.
Rosenbergs sober point then and now: The White House occupant wont matter much because: Europe is unstable; severe drought drove up food prices in the U.S. and globally (so, yes, we need to talk about inflation): demand for U.S. exports is weakening, and the fiscal cliff, which he says threatens to erase three- to five- percentage points from U.S. GDP.
So, how do investors position their portfolios against the four horsemen of President Barack Obamas second term? First, look at each risk individually:
1. Europe
Central bankers in developed nations will be reluctant to raise interest rates while Europe drags down global growth.
With that in mind, bond and exchange-trade fund strategists
(snip)
(Excerpt) Read more at marketwatch.com ...
TOPICS: News/Current Events
KEYWORDS: election; investing; markets; obama
1
posted on
11/10/2012 7:03:32 AM PST
by
blam
To: blam
2
posted on
11/10/2012 7:05:49 AM PST
by
blam
To: blam
i tried to cash out my 401K and was told only if i get laid off, fired or quit... and none of the above are gonna happen so i'm screwed
3
posted on
11/10/2012 7:12:52 AM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: Chode
You can opt to stop contributions and move your entire portfolio into a money market account*. The administrator must provide safe harbor for your investment.
*Disclaimer - I'm not telling you what to do, I'm telling you of an option.
4
posted on
11/10/2012 7:22:26 AM PST
by
liberalh8ter
(If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
To: blam
Who knew the most terrifying of all would be “the comfy chair”
5
posted on
11/10/2012 7:24:39 AM PST
by
P.O.E.
(Pray for America)
To: liberalh8ter
i have stopped my contributions and they did mention money market accounts but it's still tied up and in dollars not physical silver or gold...
what's your opinion on MM accounts? thankx in advance
6
posted on
11/10/2012 7:36:04 AM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: Chode
Surely it can be moved to an IRA
7
posted on
11/10/2012 8:22:04 AM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
The problem with investments is liquidity.
A man needs a bug out plan.
8
posted on
11/10/2012 8:31:51 AM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
To: liberalh8ter
Yep, 80% to money market, 20% gold stocks was my move.
9
posted on
11/10/2012 9:04:19 AM PST
by
Aevery_Freeman
(All Y'all White Peoples is racist!)
To: mylife
i can do that but what i wanted to do was put it into real silver
are there advantages to an IRA vs a 401K? i know i should look into them more
10
posted on
11/10/2012 10:32:48 AM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: Chode
11
posted on
11/10/2012 10:55:10 AM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
12
posted on
11/10/2012 11:01:55 AM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
To: mylife
13
posted on
11/10/2012 11:34:53 AM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: Chode
14
posted on
11/10/2012 12:17:36 PM PST
by
mylife
(The Roar Of The Masses Could Be Farts)
To: Chode
Money markets are safe and should be covered under SIPC (providing your 401k investment company is legit). Check to see what the interest rate is for your company's MM fund. It's usually a pittance of what other investments can make but it is a safe harbor from a volatile market.
15
posted on
11/10/2012 4:31:27 PM PST
by
liberalh8ter
(If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
To: liberalh8ter
thx
16
posted on
11/10/2012 4:38:31 PM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: Chode
17
posted on
11/10/2012 4:53:27 PM PST
by
liberalh8ter
(If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
To: liberalh8ter
i moved my 401 to a MM today... thx
18
posted on
11/27/2012 7:27:34 PM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: liberalh8ter
i moved my 401 to a MM today... thx
19
posted on
11/27/2012 7:28:22 PM PST
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: Chode
20
posted on
11/27/2012 9:06:49 PM PST
by
liberalh8ter
(If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson