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Markets Show That Bush Victory is Good News
The US stock market has been buoyant since the November 4th Bush victory.
Some sectors were already rallying by the time news of the Kerry concession was received, and over the last week the rally has continued as the markets vote with their wallets showing that a Bush victory is good for most (ie non-ethical) investors.
To benefit most from the stock market hike, investors will need to shun "ethical" stocks such as renewable energy solutions (favored by Kerry) in favor of good old Republican classics such as Defense, Pharmaceuticals, Tobacco and Fossil fuels.
Stocks in Defense Groups Expected To Rocket.
George W. Bush has doubled spending on defense since he came to power and there is no reason this is likely to change in the near future. American forces attacking nations such as Iran, Syria or North Korea will be needing vast amounts of amunition, armored vehicles, bombs, mines, and air to ground missiles so investors in Boeing, United Technologies and Lockheed Martin are going to be making even bigger profits as the death toll mounts.
Pharmaceutical Company Stocks Such As Pfizer, Bristol-Myers and Merck Will Rise.
John Kerry wanted to force the drug companies to lower U.S drug prescription prices (which are the highest in the world) in order to ensure better access to healthcare for America's poor. The fact that George Bush has vowed not to do this means that investors in pharmaceuticals will be smiling for another four years as the poor pay more.
Tobacco Stocks Will Ignite As Legal Hopes Go Up in Flame.
The biggest worry for holders of Tobacco stocks of the last few years have been the class-action lawsuits. These lawsuits, brought on behalf of smokers, former smokers and the families of dead smokers against the tobacco giants could have resulted in payments totaling hundreds of billions of dollars for the industry as those who's health has been destroyed fought for compensation.
With the re-election of President Bush, a legal cap on the amount payable is likely. This will protect the assets of the Tobacco Giants which have been big contributors to the Republican election fund. Owners of Philip Morris or American Tobacco stocks can now light up their best cigars to celebrate.
Finally Oil giants ExxonMobil, ChevronTexaco and ConocoPhillips Will Be The Final Nail in any sensible investment strategy, no doubt producing good returns as Bush continues through military intervention, to ensure a scarce oil supply and thus, a continuation of the high oil prices that have created record profits for the oil companies during his presidency. Also, as Bush is a known opponent of emission controls or treaties on global warming, though the environment may go to hell, as the sun transforms the ice-caps to steam, it will certainly be shining on fossil fuel energy stocks.
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