J. Christoph Amberger says investors should brace themselves for more market volatility in the coming months. Institutional investors like hedge funds are using every rally to liquidate more assets and take short-term profits off the table.

How will the stock markets respond to a new US president? Martin Delholm says the impact will be less than some people expect. But some sectors will benefit from a regime change. With Obama the clear favourite to win, Martin recommends three clean energy stocks likely to gain from new subsidies.

We are not going to see the world’s best businesses this cheap for a long time, says Dan Denning. He says it’s not hard to imagine another round of global rate cuts and a massive stimulus package in the US. And then there is the ‘Obama effect’. In other words, if you don’t want to own these equities now, why bother being in the market at all?

There is no longer any doubt that we are heading for a deep, deflationary recession. But James Howard Kunstler is more worried about the “tidal wave” of monetary inflation that will follow. With the financial landscape washed clean, the economy will need to be rebuilt on productive enterprise.

Barely one week from the US presidential election, Barack Obama is clear favourite to win the White House. Rick Pendergraft says the stock market will get a post-election lift, regardless of the victor. The end of election uncertainty, combined with oversold markets and over-the-top negative sentiment, should spark a late-year rally.

Could we be about to enter a global depression? Bill Bonner thinks there is a good chance. The Dow is heading to 5,000. The US is falling into recession, and the Fed is making it worse. Businesses are cutting their workforces. Consumers are staying at home. And global trade means this slump in demand will hurt producers all over the world.

While investors remain extremely concerned about the volatility of the U.S. stock market, the weakness of the American economy and the uncertainty of the global financial markets, last week brought “slight” relief from the excessive panic of the eight-trading-session losing streak.

Remember when America was going to hell in a hand basket if Congress didn’t pass Hank Paulson’s bailout bill? Well, guess what? Congress did pas the bill, and the markets have been sliding ever since. Justice Litle says that’s because Pualson’s bill was a fudge…and a poorly sold one at that.

Market volatility has investors flooding into Treasury bonds. This has pushed yields down and created a once-in-a-lifetime opportunity in muni bonds, according to Oxford Club’s Alexander Green.

Iowa Electronic Markets has Barack Obama trading at 85 cents asked. John McCain is now seen as a long shot. He is trading at 16 cents asked. This could mean a hefty tax hike for Americans earning over $500,000 a year. If you’re one of them, you may want to consider hedging against this tax hike. Martin Hutchinson in Money Morning has two ways to hedge against an Obama win in November.