According to BI’s Linette Lopez : In the last few weeks, pundits have been using every
method under the sun to predict the Presidential election from hard statistical
data (Nate Silver) to counting lawn signs (Peggy Noonan).
Let's, for just a moment, put all that aside and do things
the Wall Street way. Sure, most people in the industry are vocal supporters of
Mitt Romney, but are they putting their money where their mouths are?
LPL Financial's Jeff Kleintop has been tracking that
specific question over the past year. His analysis, called the Wall Street
Election Poll, focuses on specific sectors that are likely to move based on the
outcome of the Presidential race.
"I originally put it together to see if poll data
actually moved with investing," Kleintop told Business Insider. "On
any given day you can see idiosyncracies driving these companies... but over
time the election has had an impact…."
Read all about it at http://www.businessinsider.com/wall-street-bets-on-an-obama-victory-2012-11
No comments:
Post a Comment