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Ed Butowsky of Chapwood Investments argues that the election will impact the market movement.
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Join the company's -- -- he would chair would invest all right.
Back half of side.
-- printing all Romney rally.
It's really combination of of things first well Europe has to be -- this is well -- -- -- you're hearing a lot of talk out of there about bond buying so Europe has the plane it but let's remember this the stock market right now is 20%.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Did you give you really think that nobody question you think that trade is these are the guys who really can trade the big box and they wake up this morning it's -- that Romney's speech on like those polls I think he's gonna -- it.
By really thought I don't know if they wake of this morning to do that I'm in the wake of this morning you think hey -- a long weekend ahead of me a lot of these traders -- what they're really thinking about is are we starting to see a recovery that we should seat mile from member corporations have worked their tails -- the last three years gotten lean and mean and those companies are running really well why in the world our stock prices 20% below.
Fair market value one reason the policies of President Obama and the Democrat and if there is an idea that we're gonna get.
-- -- you're gonna start seeing that market -- stock should be 20%.
Overvalued -- 20% undervalued and there's one reason and that's because -- the policies we have in place today are you talking you'll politics.
I know I know -- -- I don't know if you're on the right so I don't know you white a Romney's victory is this kind of wishful thinking you what you're talking up the market now if -- -- you -- -- I'm talking facts the facts of my -- here and the truth is stocks -- 20% overvalued in 1987 stock for forty point 2%.
Overvalued that's -- all corrected stocks are cheap they shouldn't be they are because of the policies of this press right I want to listen to this from governor Romney last night role as well.
-- In the richest country in the history of the world.
This Obama economy has crushed the middle class.
Family and -- fallen by 4000 dollars but health insurance premiums are higher.
Food prices are higher utility bills are higher.
And gasoline prices they've doubled.
Today more Americans wake up in poverty than ever before.
Nearly one out of six Americans is living in poverty.
Look around you.
These aren't strangers.
These -- Brothers and sisters are fellow Americans.
His policies have not help create jobs they've depress them.
Has he been reading the -- would index -- -- singing your song had he really is when we hear today we -- printing everybody it's an old.
Every person needs to understand that when you hear quantitative easing printing of money when you should interpret that is the cost of what I use every single day have just going up.
Your gas prices your food.
Every single thing that's what people need to understand don't get lost all the rhetoric.
Get lost in the idea that everything you do just got more expensive and the Dow Jones Industrial Average -- and gentlemen just went up 100 points from the opening bell took about twenty minutes where that all why.
