The results ease uncertainty on federal regulation. According to traders and investors, the best way for President Obama to celebrate his re-election would be to avoid a budget crisis that could potentially send the economy reeling.
As Obama won, stock futures fell and bond futures rose. The result ended uncertainty about regulation and monetary policy; some remained on edge about taxes and overall economic health.
Many economists fear that letting all the tax increases and spending cuts take effect at once would hurt consumer and business spending, which would push theU.S.economy back into recession.
Although it was expected that Obama would win, most traders and investors supported Romney.
