NEW YORK (AP) — Wall Street prefers Republicans, McCain supporters argue. But stocks have done better under Democratic presidents, Obama supporters fire back. When it comes to the stock market — especially this turbulent market — does it really matter who is elected president? Yes and no. Politicians do influence the economy — and they’ll play a big role in how the country emerges from this current crisis. But analysts say neither presidential candidate can be a cure for what’s ailing Wall Street.—-Contact The Daily Reveille’s news staff at [email protected]
Stocks likely to recover no matter the president
November 1, 2008