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Wednesday, October 15, 2008

Markets and US Elections

It is taking a long time to decide who the next US president will be.It is on a routine.But,People in the streets are looking eagerly who'll be the next.They are tired of talking and hearing.Let the scene be over and see the climax.
What is the procedure one can not understand as an outsider.For the last several months they are talking about this and still waiting to get the result.Let it be Obama or Mckaine.Let it be Democrats or Republicans but US election result seem to be the end point of the market downfall.People may hope the next Government will have new think tanks and take new economic initiatives to build hope and bring back the charm.
One thing is clear.The Bush administration completely failed in this front.Bush's only one achivement is dethowing the Saddam Hussein gov but hanging him in hasty manner and failure to substantiate the Iraq war do not go in the way of Bush.
War is never a solution.
Lets see how new US gov approaches the world.

Nse And Sensex