Wall Street's Impact on the Election

Market strategist Barry Ritholtz says it's not about the markets reacting to election worries. It's the other way around

With the race for the White House so far dead heat, anyone looking to invest based on the likely outcome is flummoxed. Conventional wisdom holds that reelection for President Bush will benefit certain sectors, while a victory by Senator John Kerry will boost others (see BW Online, 8/20/04, "Bush or Kerry: The Impact on Stocks").

To continue reading this article you must be a Bloomberg Professional Service Subscriber.