TipsFocus.com

Barack Obama was elected the 44th president of the United States of America. However, in a classical case of “buy on the rumor, sell on the news”, both the stock market and higher yielding currencies are giving back some of yesterday’s gains. Instead, investors are now looking beyond the short-term implications of the U.S. presidential election and the key question is whether the world economy will be able to grow in face of the most serious financial crisis since the 1930s.