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Europe builders seen up, defense down if Obama wins

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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-08 02:53 PM
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Europe builders seen up, defense down if Obama wins
http://www.reuters.com/article/vcCandidateFeed2/idUSTRE4A34K720081104

LONDON (Reuters) - European building materials and construction stocks could be big gainers from a Barack Obama win in Tuesday's U.S. presidential election, while defense companies would get a boost if rival John McCain won, analysts said.

Democrat Obama led Republican McCain in five of eight key battleground states, according to a series of Reuters/Zogby polls as the two candidates face the verdict of U.S. voters following a long and bitter campaign.

"Obama would spend a lot of money on the public sector, which would be good for road builders. A landslide Obama win would also be good for retailers because it would come with a feel-good factor that would boost consumer spending," said Mark Bon, fund manager at Canada Life.


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butter vs. guns
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Bread and Circus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-08 03:09 PM
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1. That goes to the heart of this decision: construction vs. destruction...
guess which one helps PEOPLE more.
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skooooo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-04-08 03:14 PM
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2. yep
:thumbsup:
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