- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- The Social Media Gaming Threat
- China Eastern to Complete Shanghai Air Buy by End '09
- Paul: Audit the Fed
- Gold Will Collapse Like Oil Did in 2008: Charts
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- Lyondell Urged to Consider Reliance Takeover Offer
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- World's Largest Share Issue Priced at Deep Discount
- Obama says Boosting US Jobs is Top Priority
- GM to Cut up to 9,500 Jobs in Europe
- Playboy to Outsource Most Magazine Operations: Report
- Why the Dollar Will Likely Stay Weak for Some Time
- Appeals Court Denies Microsoft's Alcatel Petition
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
RSS FEED
CNBC Stock Blog
Text Size 
Looking for sweeping economic changes, as the Barack Obama administration takes power in Washington? Paul Kedrosky of Ten Asset Management thinks you'll be looking for a long time before you see anything, but he has some market sectors he thinks stand to benefit in the meantime.
"The voters wanted change, and they're actually not going to get much of it, because we can't afford it," he told CNBC. "I think the market decided it was really a wash who won, because either candidate is going to be so hamstrung by our deficits and by the debt we're running up that they're not going to be able to do very much."
Kedrosky also thinks there is enough internal dissent among members of the president-elect's party that sweeping changes are not likely.
"My sense is that there are enough 'blue-dog' Democrats that it's unlikely we get to that point," he said. "I think there's a sort of fiscal responsibility level on the meter that we're going to hit, and we're not that far away."
Recommendations:
So where would he put his stock investment money?
"I actually like the 'clean tech' stocks, and some of the health care here, if only because there's going to be some certainty about things like tax credits," he said.
Data is a real-time snapshot *Data is delayed at least 15 minutes