Well, along with election week in America the other big news right now is the Fed Reserve's much maligned new QE2 (Quantitative Easing) package, due out this week. Basically, the fed is going to come in with a bunch of liquidity and buy everything it can. The impact this will all have remains largely in debate, but investors need to remember that because the fed will in fact come in with so much liquidity, there will come a time (some time next year) when the fed will pull back dramatically, and we could be right back in the spot we're in right now, perhaps worse.
But this is a good time to invest. In addition to the q easing, likely extension of Bush tax cuts, and the changes in Washington on election day, commodities are worthy of buying right now based alone on price to earnings ratio and free cash flow yield basis.
