SPX Needs to Recapture 1390 -- Quickly
I was abroad (Glasgow Edinburgh London Zurich and Geneva) during US election week seeing institutional accounts and speaking at conferences.  Of course the question on all the portfolio managers’ (PMs) minds was about the election the subsequent effect on the economy and the various markets currencies and the fiscal cliff.  The election results really should have come as no surprise to readers of my missives or listeners to my verbal strategy comments because for months I have said the election was President Obama’s to lose.  It should have also been apparent that Mitt Romney had alienated too many constituencies ...
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