The US economy is much bigger than the new president, says Andrew Gordon. And it’s heading “irresistibly down”. That’s why things are almost certain to get worse before this crisis is over. And that’s why a post-election stock rally will not signify a full recovery.

Election day could bring a change in gambling legislation in Maryland, says Laura Cadden. And this would be great news for Penn National Gaming Inc. (NASDAQ:PENN), which has the cash to expand into new operations. Laura says the new law (if passed) could give PENN a post-election spike of up to 20% in November.