Obama Victory Preserves Balance of Power in D.C.

Fiscal Policy Looms as Most Pressing Issue for Second Term

In the wake of his victory over Mitt Romney, President Obama's most pressing issue lies in fiscal policy, with key reforms from his first term, financial regulation and health care, likely protected by a preservation of the "balance of power" in Washington, D.C., the Economist Intelligence Unit said.

Dealing with the so-called "fiscal cliff" should be more straightforward "now that Congress is no longer anticipating a change of control in 2013, which might have changed incentives for bipartisan co-operation," the group's analysts wrote in a recent report.

Obama holds something of an advantage in the coming negotiations, in that tax rates will certainly rise across the board unless a compromise is reached, an unpalatable prospect for Republicans especially, but also for Democrats. The magnitude of the planned spending cuts over the next decade is likely to remain, especially if some tax rises are included in the package.

Additionally, Obama's re-election brings continuity to a wide range of other policy areas, the Economist Intelligence Unit said. There are "gathering signs of sufficient political backing for a more comprehensive reform of the tax code in the next four years, which would have to take the form of a larger political bargain that appeals to both Republicans and Democrats," the group said. "This would be no easy task."

Read Full Report

Futures & Options Trading

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

Idea Exchange

Idea Exchange is your direct link to the product managers, marketers, and the development teams who create cmegroup.com and will allow you to review functionality, participate in focus and provide feedback on upcoming Web initiatives

Idea Exchange - Join Our User Focus Program

Contact Us

CME Group/Chicago HQ:
Local: +1 312 930 1000
Toll Free: +1 866 716 7274

Global Customer Contacts

More CME Group Direct Lines
Phone list by department

Global Partnerships


Global Offices Contact Information

Calgary Houston Chicago New York Washington São Paulo Belfast London Singapore Hong Kong Seoul Tokyo Beijing

© 2014 CME Group Inc. All rights reserved.

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, and COMEX.