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Pre-Market Primer: Bonds Rally, Equities Drop After Obama Reelection
MINYANVILLE ORIGINAL Equities are down and bonds are up after Barack Obama's reelection victory.  President Barack Obama handily won by a larger-than-expected margin in the electoral college and broke 50% in the popular vote. Democrats held the Senate and Republicans held the house. Essentially the uncertainty of the election is gone and we will probably have more of the same Congressional gridlock and dovish monetary policy.    After a significant rally yesterday stock futures are down signaling that the major indices will fall today. Dow (INDEXDJX:.DJI) futures fell 0.68% to 13 111. S&P 500 (INDEXSP:.INX) futures dropped 0.62% to 1 ...
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