The "Confidence" Factor

Politics aside, an important result of this presidential election will be a rising in confidence levels. The American public will undoubtedly experience much greater levels of hope, perhaps even doubling the low levels of our current administration.  If Obama is elected, we can probably expect to see even higher marks since he can rally and electrify crowds.

The rising confidence factor should not be underestimated.  As a nation, we have been bogged down by pessimism for a very long time.  People are looking for hope.  People are looking for someone to lead.  People are looking for something to latch onto.  A president with a strong purpose and clear vision will instill confidence in a searching public.

Regardless of your political stripe, a confident leader will rally public spirits...and the market.