Obama vs Romney and our stocks

Founder and Publisher of the Switzer Report
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The next couple of weeks should be vital to what happens to stocks in the short and medium-term. The focal point is next Tuesday – Cup Day here and election day in the United States.

While borrowers, investors and nervous savers will sweat on the Reserve Bank of Australia’s interest rate decision on Cup Day, both outcomes could have a critical impact on what happens to share prices.

Right now markets, after a big surge between June and September, are going sideways with a slight slide, but there is no enthusiasm to sell-off or correct the market gains of recent times.

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