I’m curious, but stock market illiterate. So, now that the American election is over, did it have a day after impact on the stock market?
The election was already factored in for an Obama win. The market would have only moved higher on a McCain surprise – due to the fact the market did not predict him to win.
I answered this in detail recently, here is the link posted what 10-27-2008.
http://answers.yahoo.com/question/index;_ylt=AiojVwA0xv1vAk9jKNPh46bty6IX;_ylv=3?qid=20081028092022AAiRqpw&show=7#profile-info-2WEl3Vqpaa