President Romney preferred by markets

Republican promises of debt reduction, light-touch regulation and lower taxes appeal to investors, according to research by Barclays.

President Romney preferred by markets

Investors in the US seem to prefer Mitt Romney for the presidency, according to a survey carried out by Barclays last week, though congressional deadlock is a worry under both candidates.

Based on the responses of more than 350 investors in Canada, the US and Europe, responsible for managing $10 trillion of client money, the prevailing view was that equities would rally if Romney triumphs over Barack Obama next week.

“Investors seem...

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