Wall St. Sees Little to Fear from Kerry Presidency

[Worst Username Ever]

NEW YORK (Reuters) - It might be too early to say Wall Street's money managers are warming to the idea of John Kerry (news - web sites) as president, but an increasing number are taking the idea seriously.




http://story.news.yahoo.com/news?tmpl=story&cid=584&e=4&u=/nm/20040802/pl_nm/campaign_wallst_kerry_dc

[Cha]

1. That's really sad that this is only rated a 1.something when

I think it's an exciting story!

This is Great News boys and girls!

"Once you get the budget under control, a lot of good things happen," Hormats said. "Kerry will be good for the economy, and therefore good for the markets."


History supports that notion. A Merrill Lynch study going back to 1943 showed the stock market returned 13.6 percent during Democratic administrations, more than the 11.7 percent it yielded when Republican were in the White House.


Some industries may actually benefit from a Kerry presidency. Alternative energy stocks, for example, could get a boost from the candidate's support for increased use of renewable energy, Smith Barney analyst David Smith said in a recent note to investors."

[Doctor_J]

2. why would they?

business never had it so good while Big Dog was in office. Everyone had money to spend. * has been good for business short-term with his huge tax breaks for the CEO's, but wall street likes a strong economy, which this ain't