This election result has to be good for stocks

Founder and Publisher of the Switzer Report
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Saturday’s election result was one for the true believers in capitalism and it seems a majority of Aussies have grasped what Bill Clinton made famous, when he campaigned on the slogan: “It’s the economy, stupid.”

Today’s story, that this election result will be good for stocks, has been beaten to the punch by a stock market that instantly added 6% to CBA, 100 points on the All Ords and so on. What the win means for the overall market going forward and what sectors are best and worst placed makes sense right now.

When stocks were crushed between September and December 22 last year, the threats were:

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