Now that President Barack Obama has been re-elected for a 2nd term, will there be any benefactors on wall street? The common notion is that Republican presidents are better for the market due to lower tax brackets, simpler labor laws, etc, but there are also areas that will benefit from the return of Obama. Here are some ideas:
Alternative Fuels
Not that things were going all too well for them before Obama was re-elected, but you can feel pretty assured that public funding will still be there and restrictions against crude forms of fuel will maintain at least their current levels if not get stricter. Also, without having to win re-election , Obama has the opportunity to push greater energy efficiency agenda without worrying about American disdain before election. Obama is very keen on keeping jobs here in America, so he may push to support American made solar companies with taxpayer dollars to keep them competitive with Chinese manufacturers. As solar manufacturing, wind power and other forms of alternative energy get more efficient, they will become cheaper and more likely to be used.
3D Printing
Obama wants to create jobs. Obama wants to push shorter, more vocational schools to support thriving industries. Obama wants America to make things for the world again. 3D printing technology is a chance for the US to use specialized technical labor to produce items at home at the same or lower cost as shipping them abroad. I think this industry will get all the support it needs with research money and support to thrive. Check out my write up of 3D systems here.
CRM and Organizational Efficiency Software
Obama has a young team under him who are very tech savvy. The government knows it needs to reduce payroll and make things more efficient. I believe implementing current technologies into government will be a big focus of the Obama team in the next 4 years. Big contracts will be had and anyone who can make the right stock picks will likely be rewarded.
Anyone else have any thoughts on this matter?
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