WEDNESDAY NOVEMBER 05
Obama’s Win: What It Really Means

Americans gave Obama the bat call, and he answered. But while stocks may have staged their largest Election-day rally since 1984, giving Asia a bump up earlier today, U.S. index futures and European issues have yet to feel the love. Still, if history is any measure, help may soon be on the way. Judging by the speed with which the Standard & Poor's 500 Index has fallen, a full recovery could begin as soon as July, if the market’s action mimics that of the recessions ended in 1975, 1982 and 1991 (or so says Bloomberg, which came to this conclusion after vetting large mounds of data). In the meantime, here’s your reality check on the changes you can expect to see from the Obama administration – not just in the coming months, but for years on out.

November 2008

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