It s really kind of silly. Every four years, gurus trot out lists of stocks that will supposedly perform well if one candidate or the other wins the presidency. The president doesn t make laws by himself. He needs the agreement of two houses of Congress, each of which is driven by different dynamics and may, in fact, be controlled by opposing political parties.
Free spenders spend less than they promised.
Tax cutters cut fewer taxes. In short, the American political system is stacked against radical change. From an investment point of view, that s all you need to know about this election. However, Wall Street seldom relaxes during a presidential derby. Even now, nervous investors are dumping certain stocks out of fear that the next administration might go on a rampage against this or that industry.