2016 Postmortem
Related: About this forumWall Street prefers Kasich 1st, then Hillary 2nd. Bernie last.
Wall Street prefers Kasich
In a result at odds with national polls, the latest CNBC Fed survey of economists, fund managers and analysts finds Ohio Gov. John Kasich is viewed as having the best policies for the economy and for Wall Street.
A 42 percent plurality says a Kasich presidency would be best for the U.S. economy, followed by 16 percent choosing Democrat Hillary Clinton and 13 percent picking real estate developer Donald Trump. Not a single respondent chose Clinton's Democratic rival Bernie Sanders.
"I am favoring Kasich because of his willingness to work across the aisle, which I believe the stock market will be more comfortable with,'' said one of the 42 respondents. The responses to the political questions were pledged to be kept anonymous.
Kasich also was chosen as the best candidate for the stock market with support from 35 percent of respondents. Clinton followed with 22 percent and Trump was again third with 14 percent. Sanders received no votes and Cruz and Rubio were in the middle of the pack.
"Trump and Sanders would be worst for stock market," said another respondent.
In a campaign with a strong anti-Wall Street tone, lack of support from Wall Street may be a badge of honor for presidential hopefuls these days. Breaking up the big banks and criticism of the 2008 bank bailout have been standard fare on the campaign trail. Candidates like Sanders and Trump have sharply criticized big-money campaign donations and candidates associated with the status quo and party establishments have fared poorly. Yet Wall Street appears to be seeking just those qualities.
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http://www.cnbc.com/2016/03/14/wall-street-likes-kasich-as-president-cnbc-fed-survey.html
hobbit709
(41,694 posts)Punkingal
(9,522 posts)We know what she said in the speeches don't we?
WhiteTara
(29,713 posts)AtomicKitten
(46,585 posts)saltpoint
(50,986 posts)later be first.
The greater the extent Wall Street dislikes Bernie Sanders, the more positive reform he represents for the American economy.
When you're pissin' off the right people, you're doin' it right.
TCJ70
(4,387 posts)...their wallets.