It won't be long now and the new administration will
take the seat of power. Recently I read an excellent article that projected what
areas would benefit from an Obama administration and a Democrat-based Congress.
Here are a few highlights to whet your
appetite:
"Barack Obama won the White House promising to overcome the economic
malaise created by his predecessor. He will be the first black president of the
United States, but he wasn't elected because he's black. He was elected to fix a
badly broken wealth engine. He made his priorities clear enough that we
investors can see the outline of the kind of economic recovery he has in mind.
We can, therefore, invest alongside these trends to our personal profit.
And though no presidential candidate can explicitly promise his favored
constituents that he will give them absolutely anything they want, he can do it
implicitly, and Obama has. These are the Three Anythings the incoming Obama
administration offers to investors. Accept the invitation by buying:
- Anything
green, including the U.S. dollar.
- Anything
with its hand out, especially government itself.
- Anything
that would hurt if you dropped it on your foot, like a cement truck.
Alternative energy, municipal bonds and infrastructure are the new
Halliburton (NYSE:HAL), the oil services giant
whose stock more than doubled under the watch of its former boss, Vice President
Dick Cheney, at least until the bear market came along.
In league with global trends that recognize the greenback as the world's only
reliable reserve currency, this trio will help restore the U.S. dollar to
primacy over the euro.
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