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Go Giants, Go Obama!

Today morning I was wondering which "match" bay areas people would be most interested in and what would be likely outcome they would prefer. Both "matches" are over and I like results for both of them. Normally I do not follow baseball till playoffs and unless one of the Bay Areas teams are closer to world series. After lagging by 3-1, San Francisco Giants pulled am amazing feat by winning today's last game by 9-0 and hence entering world-series against Tigers. On second "match", President Obama won today's debate hands-down. Foreign policy is Obama's strongest suit and he demonstrated and articulated his vision and clarity on his approach to this very important aspect of Presidential responsibility. He also attacked Mr Romney by calling his policies as "wrong, reckless and all over the map" (which is true if anyone hears Romney's speeches in last 18 months). Now that 3rd and final Presidential Debate is over, debate scores stand at 2:1 in favor of Mr. Obama. In just over 2 weeks, America would elect her next President and given today performance, I am very confident (above 75%) that Mr Obama would be elected as 45th President of USA.
Now coming to earnings results and markets. Earnings have started pouring in and in general, they have been slightly negative in terms of cautious outlook for Q4 and 2013. It is understandable given elections and uncertainty in terms of taxes and spending. Markets got a scare on silver jubilee of worst day of market (Oct 19, 1987) history and they would be jittery for next two weeks. Once Obama wins elections, real work to avoid "fiscal cliff" would start and that would bring confidence to markets and economy. My prediction is that DOW would cross 14000 by year's end (provided world does not come to an end as per Mayan calendar on Dec 21, 2012:-)
Go Giants and Go Mr Obama!

/Shyam

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