1. End of Election Is Win for Markets.
- Author
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LAURICELLA, TOM
- Subjects
- *
ECONOMICS & politics , *INVESTORS , *TAX cuts , *RECESSIONS ,UNITED States presidential election, 2012 - Abstract
The article looks at how the conclusion of the 2012 U.S. presidential and congressional elections will impact financial markets. Particular attention is given to investors' interest in the 2012 expiration of over $600 billion in tax cuts and spending, known as the "fiscal cliff," that could possibly result in a recession and how the election winners will address the issue. The financial market impact of a victory by either President Barack Obama or Republican nominee Mitt Romney is also covered.
- Published
- 2012