Investment strategists say the contests are among the most important in recent memory: a new government will need to tackle the deficit and start containing the national debt or the United States risks further credit rating downgrades that could erode the dominance of the dollar in global financial markets.
That will mean tough decisions on spending cuts and tax reform at a time when a few missteps could easily derail a fragile recovery in an economy that has only just escaped from the worst of the post-financial crisis torpor.
So, what should investors do? What would a second Obama administration mean for tax policy? Would a Republican or even Democratic sweep be best, or can a divided White House and Congress learn how to work together again? Here's a look at how to navigate four possible scenarios.
For more: Analysis: The U.S. elections: Time for investors to worry | Reuters
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