The election is over and President Obama will be serving another four years, so now what? There are two different ways of approaching this situation. For a Republican it is a time of concern, but for an investor it means four more years of the same.
So what does that mean? For some it means very rough times. CNBC's Marc Faber is predicting a market meltdown. This is a plausible outcome as the economy is on shaky ground and it won't take much to tip it over. But dealing with what we do know is the administration will continue their policy of a weak dollar. The Fed Reserve and Obama will continue to print money and with that the value will stay weak. In other words, buy commodities, such as gold and silver. People will flee the dollar and move into precious metals as interest rates will also struggle.
Another area is green energy. Obama will continue to back the movement out of fossil fuels and into renewable sources. However, be very careful as with any new market there are going to lots and lots of losers.
We know what Obama has done, so focus in on that, but keep on eye on what he might do!
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