This is what I see on the day before the election. Romney simply hasn’t got the electoral votes to wins unless the polls are completely wrong. Yes, they have been wrong in the past, but both Pew and Rasmussen, the most reliable pollsters, put Obama ahead. The result will be the “same ole’” thing: Republicans hold the House, Dems the Senate and the presidency.
Obamacare will be fully implemented, government spending will increase, conservatives will lose control of the Supreme Court, and more stimulus will be the order of the day. We can hope at best for gridlock. I trust that Obama will withdraw from Afghanistan (a good thing) and not start any new wars. A new Fed chairman will be appointed, probably worse than Bernanke (Larry Summers, Austan Goolsby??) which will assure a depreciating dollar, and probably the start of more than “modest” price inflation. Think about hard assets, commodities, exporters, food producers, energy producers as investment opportunities.
I hope I am wrong. Dewey Defeats Truman.
UPDATE November 6, 2012 From RealClear Politics: