NEW YORK (TheStreet) -- After a presidential election the economy typically cools down due to lack of post-election stimulus. Today the gross domestic product growth is at 2% and will be reduced by 3.5% in 2013 due to the end of Bush tax cuts and stimulus programs in addition to mandatory federal budget-balancing cutbacks. This means GDP will be a negative 1.5% growth rate in 2013. Also, state governments are cutting back expenditures and raising taxes.Investors want to know how to protect their 401K and other retirement assets from the coming stock market crash.
|The economy typically cools down after a major election season, but your portfolio doesn't have to.|