@ Sueanne – I think the news of a potential ONE TRILLION DOLLAR bailout by the US government is a good part of the reason the market has gone up in the past couple of days.
Also, the market wouldn’t have had such huge gains if it were not for the giant loss.
@Mr. M – I would have to say that the current election will probably hinge more upon divisive debates about social issues. Either one of them will step into a situation that they will not know how to handle and will ultimately end up relying on a board of financial advisers to handle the economics.
Which means that the question goes back to the same old debate of Experience versus Fresh Thinking. If the middle of the line voters (which the election hinges upon) think that John McCain’s experience in public service will make him more capable of understanding his advisers, then they will vote that way. If they feel that Obama’s intellect and desire to make a difference will help him to not get misled by the advisers, then they will go his way.
You can look back at the past two presidents as a good example of this:
Bill Clinton always made sure he was one of the smartest people in the room so that he was leading his advisory board while George W. Bush seems to be more willing to let his advisers lead him.