In theory and on paper, there should be no doubt that the market would much rather have a deregulating, tax-cutting, financially savvy investor in the White House. Mitt Romney is the closest thing to an accomplished businessman to get this far in a presidential race since Ross Perot ran 20 years ago.
Yet you can’t help but get the sense that the market prefers continuation of the status quo: a Barack Obama presidency, coupled with an uncooperative, GOP-led House of Representatives and more of Ben Bernanke, the most accommodating chairman in the history of the Federal Reserve.