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Guggenheim Washington Research Group founder Anne Mathias on the key battleground states and the markets.
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Morning importance of this key battleground states is and the highest head of Guggenheim partners watched in recent.
And thank you so much for joining us now some market watchers are pointing to specific stocks -- rallying in some other market conditions and saying this is a good signal.
That -- you might have an edge at this point in the game yet.
You predicts Obama will get the Electoral College victory.
Right we do that's our call out my colleague Chris -- -- is our chief political strategist says that's out Obama is going to win.
Tonight narrowly and the popular vote he may even lose the popular vote it's possible.
But the Electoral College map which I'm sure you've been talking about all day.
Really favors Obama it's easier for him to get to seventy.
I think on the market side it's it's an interesting commentary to think that stocks today are moving on the election -- people have been observing this election.
At you ad infinitum for months and months and months and I think most observers on Wall Street have made there.
Made their predictions in the market tends to reflect those and the market's been performing pretty well.
Up until now -- I totally agree as an investment analyst that looking -- particular socks today is gonna tell you something about the election.
We don't want people to stay home now if they presume that the elect Carl -- is.
Pretty much done for me because the popular vote can swing either way very easily especially because we -- independents out there.
Right exactly and so many of the swing states and our call you know we live and die by it by making calls about what's gonna happen in Washington what's gonna happen in politics in the regulatory bodies.
We don't try to advocated position at all.
But when you look at the individual swing states it's very very close and Virginia where I live you were just talking about it in the it in the pre in the in the from prior segment.
It's fascinating it it could really go either way and people are very willing to split tickets these days you see a lot of senate races in states like it like average for example and and even Florida where you could see.
Senate democratic support at the same time as as popular support for the president so.
I think it's it's not too soon to call because we have called it forum for our clients now and I think they could go either way.
OK so if we do you -- get a definitive.
Outcome on the election by tomorrow morning would give us any more clarity on issues like taxes health care that fiscal -- up overlap.
Yet now that's that's that they amazing thing is that so many of the really big issues that we're talking about half to.
He pushed through and massage through congress.
And either -- President Obama or president Romney are going to face pretty much the same congress it's unlikely that this that the Republicans.
Will win enough seats.
To take up a super majority sixty seats in the senate the house is gonna stay pretty much where it is with a twenty to 25 seat majority for the Republicans.
You're gonna have the same dynamic and congress.
And the president's not the -- so he's gonna have to work with congress and some of those issues.
And I think the road is going to be very very challenging okay thanks there are now under and -- diocese of Guggenheim part.
