New Term, Old Issues

November 2004 | Market Strategy

To the victor the spoils? Yet, now that the hype of the campaign trail is over, and that President George W. Bush has been re-elected, the reality of the situation is setting in. Indeed, the task ahead for Bush is somewhat daunting to say the least, with the same problems that have dogged the US economy for the past 12 months still very much at large. The current account and budget deficits are ballooning further, while resolution of the Iraq situation and peace in the Middle East seem a distant prospect. With the cost of policing Iraq growing ever more

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