Is Paul Ryan making you rich?
Everyone's asking why the market keeps going up each day. I think one factor is the Paul Ryan pick. It did two things, it increased Romney's odds of winning the election and it offers hope for real entitlement and deficit reform. Both of those portend a better long-term economic outcome than four more years of Krugmanomics.
If I'm right, on days when there isn't any other significant news, the market should roughly follow the polls for the next 12 weeks, soaring if Romney takes a big lead, crashing if Obama's re-election starts to look like a lock.
For the record, my (real) money is on the former.