Fox Business – As if investing in a post-financial-collapse world isn’t hard enough, consider the latest worry the markets will have to deal with in the coming weeks: The outcome of the presidential election.
This year’s contest, like most others, hinges on the economy — or to be more precise, how to make it grow faster than it has grown over the past four years. Both President Obama and his Republican challenger, Mitt Romney, offer differing visions to meet that goal, and both visions offer opportunities for investors.
Larry McDonald, the senior policy strategist for the investment firm NewEdge, came up with three portfolios for investors to look at depending on who wins the election. (McDonald will appear live on the FOX Business network Monday at 1:20 p.m. ET.)
First, a couple of caveats: These are not recommendations to buy particular stocks, since investing in specific companies requires more precise research. Nor do they take into account every political scenario such as a complete change in the current makeup of the House of Representatives, the Senate or both. And the portfolios assume no substantive change in Federal Reserve interest-rate policy at least for the next year.