November 07, 2012 at 17:54 PM EST
Stocks Tank After Obama Win; What You Should Buy Now
Barack Obama remains president, but cash reigned supreme on Wall Street the day after the election. The stock market fell the most in nearly five months Wednesday as investors voted for bonds while shunning energy and cyclical sectors dependent on economic growth to thrive. "Investors are disappointed in the election outcome because for higher-income households, the president has proposed higher taxes on income, capital gains and dividends," said
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