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Investing In The Obama Era
By: Marc Courtenay   Monday, December 01, 2008 7:14 PM
Symbols: AEM, AUY, CAT, FCX, GG, HAL, WMT
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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.

"How to Invest in the Obama Recovery" by Tim Middleton made a great deal of sense to me. You can see the entire article, which is well worth reading, at the following link http://articles.moneycentral.msn.com/Investing/MutualFunds/how-to-invest-in-the-obama-recovery.aspx
 
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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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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