All the more reason, too, when it comes to politicians, it's far more critical to watch what they do than what they say. Words, to our knowledge, have never caused a bear market. Actions certainly have, including, arguably, protectionist moves. This article constitutes the views, opinions, analyses and commentary of Fisher Investments as of November 2012 and should not be regarded as personal investment advice. No assurances are made Fisher Investments will continue to hold these views, which may change at any time without notice. In addition, no assurances are made regarding the accuracy of any forecast made herein. Past performance is no guarantee of future results. A risk of loss is involved with investments in stock markets.This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.