There are a lot of fears that the political uncertainty in 2012 is going to produce an economic recession next year, according to economic forecasters. More than 20 million Yahoo search hits exist for the term "recession 2013." Millions of them are connected to "politics" or "election."Of course there are all kinds of articles that are sure we're headed for an economic recession if Barack Obama is re-elected. An almost equal number are convinced that a Mitt Romney victory would produce such an outcome. Regardless, there are a lot of people concerned about the economic future, according to a Bloomberg News poll.
Romney's camp hails support from money managers and investment strategists, according to Morgan Korn with The Daily Ticker. Obama's team can point to the rise of the stock market since the president was inaugurated, as well as historical evidence showing the market benefits more from Democratic presidents in the past. Read more.....
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