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Romney-Ryan: Headwind For Stocks?

You’d think a strong GOP ticket would buoy enthusiasm on Wall Street. But the Romney-Ryan ticket may do just the opposite.

The conventional wisdom is that the Republican party is the party of business. That same wisdom goes on to suggest that when a Republican wins the White House, business benefits and by proxy the stock market.

However, Lewis Alexander, Nomura chief US economist thinks this election could have a very different impact.

If Romney-Ryan starts to pull ahead, the pair may generate headwinds for stock investors.

As the chairman of the House of Representatives Budget Committee, Ryan is the architect of an intensely controversial long-term budget plan to remake Medicare and cut trillions in federal spending.

“And that’s going to raise investor concern,” says Alexander.

But that's not the only headwind Alexander cites in his live interview on CNBC's Fast Money. You can get all the details in the video above.

Posted by CNBC's Lee Brodie

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Trader disclosure: On August 13, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Scott Nations is long SPY; Scott Nations is long JPM; Scott Nations is long BAC; Scott Nations is long C; Scott Nations is long S&P VOLATILITY; Jon Najarian is long call spreads in AAPL; Jon Najarian is long call spreads in EEM; Jon Najarian is long call spreads in FMCN; Jon Najarian is long call spreads in SBYX; Jon Najarian is long call spreads in OAS; Jon Najarian is long call spreads in ABX; Jon Najarian is long GLUU; Jon Najarian is long STSI; Jon Najarian is long CME; Jon Najarian is long CBOE; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long NKE; Tim Seymour is long FCX; Brian Kelly is long GLD; Brian Kelly is long XLU; Brian Kelly is long INTC; Brian Kelly is long IBM; Brian Kelly is long TGT; Brian Kelly is long XHB; Brian Kelly is short DLTR; Brian Kelly is short BIG; Brian Kelly is short DG; Karen Finerman is long AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM CALL SPREADS; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long GOOG; Karen Finerman is long JCP; Karen Finerman is long CFX; Karen Finerman is long PAY; Karen Finerman is long PLCE; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDX


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