Obama win is good for the economy

A report by The Stocktraders Almanac has shown that Democratic presidents are better for the economy. Traditionally Republicans are thought to be better becuase they have a reputation for being more ‘pro-business’ but if you look back over the markets since WWII it is actually during Democratic rule that the markets thrive.

I finally feel like we stand a chance in this world, markets aside, on a human level a leader like Obama represents the potential for change, if for no other reason than the fact that he was able to become the first black president of the USA. The rapper Tupac Shakur who was famously gunned down in Las Vegas in 1996 said in his song ‘Changes’ that ‘we ain’t ready to see a black president’. Well, it is 2008 now, 12 years have passed and I am pleased to say that Tupac, we are …

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