We’re just a week away in this marathon of a Presidential race. It been grueling; not only for the candidates, but for those of us that are addicted to the news. Yeah, that’s me! Just so you know my level of frustration with both of our choices for President, my Wife no longer allows hard objects in our TV viewing room. In the last few weeks, based on Trump’s missteps and the release of the “Access Hollywood” video, it seemed like Hillary Clinton was running away with it. Now, with the recent news, as focus turned to the Clinton Foundation and the FBI having reopened the probe on Hillary’s emails, its back to a toss up. Investors were loving the idea of the Hillary win, as the prospect of the “status quo” kept the stock market near all-time highs  That would be congressional gridlock and the Fed maintaining the extreme ease, jawboning about interest rate increases, while trying to keep the next leg of the “Great Recession” from caving. Well that does give away my conservative stance when it comes to investment strategies these days.

With HRC’s coattails being shortened a bit the past week, the odds of her “public mandate” have been reduced. Under the assumption that she does win, and we do stay in that gridlocked condition, the stock market is likely to celebrate to the upside for a while. Though, the companies that have suffered from the prospect of her winning will likely take a quick hit. The most obvious are in health care. Hillary has loudly attacked “predatory drug pricing,” and is already talking “Single Payer” as the solution to Obamacare. With odds high of Republicans holding the house, that will be a very long and losing battle (for us all). Still, the stocks most negatively effected by the prospect of a HRC win are in that sector. And with those stocks already being beat up, a further sell off could be short-lived and great buying opportunity, as much of that is likely baked in the cake. If Clinton were to win both houses, the market is likely to react to the downside. That, still, should offer similar opportunities, though I might step in a bit more slowly.  

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