Barack Obama will influence markets more than any other president in history. America is on the cusp of insolvency, our economy is crumbling, and the federal government is printing money as fast as it can to keep the system from collapsing. Whether or not attempts to "fix" the economy work, you can bet on an unprecedented redistribution of wealth over the next administration.
According to Bloomberg News the cumulative federal commitment to financial rescue initiatives has reached an astounding $8.5 trillion. Additionally, Obama announced last week a fiscal stimulus package totaling $1 trillion over the next year.
With such tremendous money transfers it is more important now than ever to understand how government policy affects your portfolio. In effect, these policies strip wealth from taxpayers and redistribute it to political beneficiaries.
Government policies affect all areas of the economy, starting with our currency, interest rates, and the money supply. At a fundamental level, policy creates winners and losers. Companies that benefit from policy prosper at the expense of those who do not, but are charged with subsidizing the rest through taxes. My book, "Obamanomics: A Guide to Investing Over the Next Administration" gives specific strategies on how to protect your assets and make money on policies we know Obama intends to pursue.
Analyzing Barack Obama's policy initiatives helps identify potential winners and losers. For instance, the move towards universal health care will have big impacts for union-heavy industries. Ending the War in Iraq will impact a host of companies profiteering from the conflict. The quest for clean energy will mean big business for alternative energy businesses. And environmental policy will alter the profit landscape in utilities and bring tremendous cash flows to "green" companies.
Don't get caught on the wrong side of the policy game-read "Obamanomics: A Guide to Investing Over the Next Administration." (www.learnobamanomics.com/book)