BALLOT BOX MANDATES
Can the Republicans and Democrats move to the center after midterm elections? While a divided government will not change the outlook for the stock market, it could pose challenges for further market and economic recovery, says Robert C. Doll, chief equity strategist for fundamental equities at BlackRock. "If the current government is not able to come together and address the serious economic problems facing the country, these problems will almost certainly escalate," Doll wrote in an election-day report. Indeed, nearly half of financial advisors polled by the SEI Advisor Network reported the midterm elections had created "fear and uncertainty" among their clients. Continued unemployment, the potential for a double-dip recession, pending tax changes and budget deficits were the biggest issues impacting investors, according to the study, which polled 238 financial advisors during the two weeks before the elections.
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