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Despite Friday’s Mini-Crash, Stocks are due for an Election Surge - Navellier

Posted by Seton McAndrews | CFP®, Vice President Investments
October 23, 2012

Louis Navellier looks at the upcoming elections, potential impact of tax cuts and the amount of investor demand after the election. "The Dow fell 205 points on the 25th anniversary of the October 19, 1987 crash, but the broader S&P 500 managed to rise 0.32% for the week and is now up 14% year-to-date, without much participation from the general public (yet). Most investors continue to abandon U.S. equity mutual funds in favor of bond funds. Imagine what stocks can do when we see some resolution of the "Fiscal Cliff" after the elections - now just 15 days away. Then, we’ll have a clearer view of what to expect out of Washington, DC."

Navellier & Associates, Inc.