The world's two largest economies, together making up more than half of the world economy, saw the conclusion of intense political campaigns last week.
Their campaigns have been fought in very different manners but neither was a particularly good argument for their opposed political ideologies. In the US, the hyperbole, the lies and the negative campaigning are in the past and markets will quickly turn to the fiscal cliff. Therefore, polarised US politics, reflected in the close popular vote, and the divided Congress, will come under the spotlight once again. How Obama approaches these divisions and, how the fiscal cliff is managed, will be fascinating, bearing in mind his conciliatory approach during the first term brought limited...
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