Singapore Stocks went lower today, a day after Obama was re-elected as the President of USA. I have expected this performance. Some investors have thought that the stock movement will be north today after the “continuity” that Obama is expected to bring with his election. As I have shared with you in my earlier post, this “continuity” -no doubt can be good for Singapore stocks and global equities- is against the back of a coming US financial cliff, lingering woes of Eurozone debt crisis and signs of a China’s slowing economy. Singapore stocks performance today is not really attributed to these other external factors, it is caused by the US Election results itself which yields a Senate controlled by the Democrats and a House of Representatives with a majority of Republicans, hence investors think this composition of the US Parliament will just mean that more gridlock in the US Parliament ......