Word: strategists
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...momentum has shifted in this race," said David Axelrod, Obama's chief strategist, declaring Super Tuesday a "crystal clear" victory for Obama. "Obviously, [the Clinton campaign] have some things that they are going to point to, but in terms of the breadth of Senator Obama's appeal, winning in every region as he did, competing as strongly as he did coming from as far behind as he has nationally is quite an achievement...
...overall, and around half of young white voters, on his way to a commanding 55% of the total vote (Clinton finished second with roughly 27% and Edwards came in third with 18%). The excitement around Obama's candidacy pushed turnout to record levels - a kind of surge, says Obama strategist Cornell Belcher, that "is something only Barack Obama is capable of bringing to the table...
...asked if he should put everything in cash," says Nicholas Nicolette, principal at Sterling Financial Planning. "That was an emotional reaction." Instead, use this time to cherry-pick overlooked, undervalued stocks. "For the well-prepared investors, these down moves provide opportunities," says Jeffrey Saut, chief investment strategist at Raymond James Financial. Just make sure to go bargain-shopping within the confines of a calm-headed, long-term strategy...
John McCain's presidential campaign has no shortage of sophisticated political consultants. There's Steve Schmidt, who masterminded Arnold Schwarzenegger's comeback in California; veteran strategist Charlie Black, whose counsel has found an ear in every Republican White House since Reagan; Mark McKinnon, the political advertising genius who made John Kerry's wind surfing famous; Mark Salter, McCain's co-author, speechwriter and id; and Rick Davis, a successful lobbyist and Washington sage. They've all been with the campaign since it began, and they all survived its implosion last summer; the only thing that really took...
...backed by mortgages on homes in Miami and Detroit are held by banks from Switzerland to China. So, how much does the U.S. really matter? "If the world economy were a train, we'd now have a greater number of engines pulling that train," says Sam Stovall, chief investment strategist at Standard & Poor's Equity Research. "However, the biggest engine is still the U.S., and as a result, the speed of that train depends...