Markets Boo McCain’s VP Choice

John Tamny of RealClearMarkets

Alongside final Friday’s announcement that Alaska Governor Sarah Palin would be John McCain’s running mate, the Dow Jones Industrial Average fell 170 points. Stocks have shown weakness ever since.

While there are many factors that move markets, a looming electoral contest amoung a tax-hiking Democrat versus a nominally pro-growth Republican surely weighs heavily on market

psyche. It says here that the markets concluded final week that whatever John McCain’s true profitable views, on Friday he handed the election to the anti-growth candidate with his choice of Palin.

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Original post by 24/7 Wall St.

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