The federal government has never had as large a role in the economy as it now does. Barack Obama will have more power to influence markets than any other leader in history. He is coming to power during a massive recession, as housing prices and markets crumble, and the federal government is printing money like crazy to try to pay its bills.
According to Bloomberg News the cumulative federal commitment to financial rescue initiatives has reached an astounding $8.5 trillion. Additionally, Obama announced last week a fiscal stimulus package totaling $1 trillion over the next year.
With such tremendous money transfers it is more important now than ever to understand how government policy affects your portfolio. In effect, these policies strip wealth from taxpayers and redistribute it to political beneficiaries.
On a broad scale federal action influences our currency, interest rates, and inflation. Drilling deeper, government policies redistribute resources in ways that benefit some companies and hurt others. "Obamanomics: A Guide to Investing Over the Next Administration" (www.learnobamanomics.com/book) shows you how to protect your portfolio and take advantage of policy decisions.
Expect union-heavy industries-like automotive, airline, and steel-to prosper as taxpayers assume the burden of employee health care and trade policy changes to protect domestic businesses. Stay away from the defense industry as both the War in Iraq scales down and long-term acquisition programs are cut. But look towards "green" businesses, carbon-efficient utilities that will benefit from cap-and-trade emissions regulation, and alternative sources of energy that will have wind-fall piles of cash thrown their way.
Obama's policies are well known, so now is the time to start considering how they will impact markets and your portfolio. Read my book and visit www.learnobamanomics.com to stay on top of new policy direction. Don't let yourself get caught on the wrong side of the policy game! - 16747
According to Bloomberg News the cumulative federal commitment to financial rescue initiatives has reached an astounding $8.5 trillion. Additionally, Obama announced last week a fiscal stimulus package totaling $1 trillion over the next year.
With such tremendous money transfers it is more important now than ever to understand how government policy affects your portfolio. In effect, these policies strip wealth from taxpayers and redistribute it to political beneficiaries.
On a broad scale federal action influences our currency, interest rates, and inflation. Drilling deeper, government policies redistribute resources in ways that benefit some companies and hurt others. "Obamanomics: A Guide to Investing Over the Next Administration" (www.learnobamanomics.com/book) shows you how to protect your portfolio and take advantage of policy decisions.
Expect union-heavy industries-like automotive, airline, and steel-to prosper as taxpayers assume the burden of employee health care and trade policy changes to protect domestic businesses. Stay away from the defense industry as both the War in Iraq scales down and long-term acquisition programs are cut. But look towards "green" businesses, carbon-efficient utilities that will benefit from cap-and-trade emissions regulation, and alternative sources of energy that will have wind-fall piles of cash thrown their way.
Obama's policies are well known, so now is the time to start considering how they will impact markets and your portfolio. Read my book and visit www.learnobamanomics.com to stay on top of new policy direction. Don't let yourself get caught on the wrong side of the policy game! - 16747
About the Author:
Rob Viglione is a writer, investment manager, consultant, and real estate broker. He is General Partner and managing director of Viglione & Partners Assurance Group, L.P., a derivatives trading fund specializing in market-neutral options strategies. Read his latest book, Obamanomics: A Guide to Investing Over the Next Administration
