Friday, October 19, 2012

Romney Win = Death of QEternity?

As we noted in our previous post there is a possibility that a Romney victory in the U.S. presidential election could cause the stock market to capitulate. All it takes is for the rumor to pick up a little momentum and we could see the dollar strengthen substantially. Keep in mind, if the rumor starts to make the rounds before the election, then a change in the polls in favor of Romney would equate to a greater chance that the rumor could become reality, leading to a stronger dollar.

The name of the game is "Expectations"

For your convenience, I've assembled some current poll results of who is leading the race with links to check up on them. Keep in mind, media news outlets are typically biased and polls typically have a small margin of error.

CNN: Romney 48%, Obama 47%

Real Clear Politics: Romney 47.0%, Obama 47.1%

Gallup: Romney 48%, Obama 47%

WashingtonPost/ABC's Poll: Romney 46% Obama 49%

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