"These picks are not endorsements, just our best guess on how things will pan out in Tuesday's election."
- Gary Coon
Salem, MA (PRWEB) November 05, 2012
Major League Investments has announced its Election Eve Predictions for the 2012 Election. The firm is predicting Obama will hold on to win the electoral college, and thus the presidency. Contrary to most current polls, Major League Investments makes a wild card pick that US Senator Scott Brown will earn reelection by the Massachusetts voters. On a more local basis, the firm predicts former State Senate Minority Leader, Richard Tisei, will defeat incumbent Congressman John Tierney, for the 6th congressional district seat. Finally, Major League Investments predicts status quo in Congress with Democrats holding their majority in the US Senate and Republicans maintaining the majority in the US House of Representatives.
“Over the past several months, we’ve been looking at the historical economic & political factors that impact elections.” said Managing Director, Gary Coon, a former member the Massachusetts House of Representatives. “These picks are not endorsements, just our best guess on how things will pan out in Tuesdsay’s election.”
"Some factors, like a double-digit election year gain in the S&P and the traditional advantages of incumbency, would argue Obama has the advantage for reelection. Other factors, such as stubbornly high unemployment near 8%, would indicate the likelihood that voters will choose a change in administration and vote for Romney. Finally there are the impact of debates and grassroots organization.” explained CEO, Michael Finer. “Although we’ve made our best assessment on the results for tomorrow’s election, we’ve been scenario planning the various possible outcomes to help make investment decisions moving forward. Some of the sectors that potentially may perform well under Obama include hard assets and healthcare, and under Romney may include defense, energy and financials.”
About Major League Investments, Inc.
Major League Investments, Inc. is a fee-only investment advisor and family office that specializes in providing VIP Investment Advisor and Personal CFO services to entrepreneurs, executives, professional athletes, celebrities, media personalities, & affluent families. The company, founded in 1996 by Michael S. Finer, CEO, is headquartered in Salem, Massachusetts. Michael Finer, CEO and Gary Coon, Managing Director are available for interviews about the economy, investments, and the impact of global & political events on the financial markets.
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This press release should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. Information presented does not involve the rendering of personalized investment advice and should not be viewed as an offer to buy or sell, or a solicitation of any offer to buy or sell the investments mentioned herein. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment or strategy will be suitable or profitable for a client's portfolio. All investment strategies have the potential for profit or loss. Major League Investments, Inc. is registered as an investment advisor and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment advisor does not constitute an endorsement of the firm by securities regulators nor does it indicate that the advisor has attained a particular level of skill or ability.