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Peregrine · 02-04-2004, 11:38 PM

Dola - Interesting article on CNN about the view of Kerry in the financial markets:

http://money.cnn.com/2004/01/29/mark...ex.htm?cnn=yes

"Members of the securities and investment industry have donated nearly $4 million to big-business friendly George W. Bush's re-election campaign, but have also donated more than $1 million to Kerry's campaign, according to the latest available data from the Center for Responsive Politics."

""On one hand, he seems more palatable to Wall Street than Dean, in that his positions on trade and taxes are more moderate," said Greg Valliere, political economist and chief strategist at Charles Schwab Washington Research Group.

"On the other hand, I think the markets weren't paying all that much attention to the Democratic race several weeks ago when it seemed like Dean would win, because in a Dean vs. Bush race, it was widely assumed on Wall Street that Bush would sweep," Valliere added. "But this changes things. Kerry's no Michael Dukakis. A Kerry-[John] Edwards ticket would be more threatening to Bush than Dean."

02-04-2004, 11:38 PM	#71
Peregrine Pro Starter Join Date: Oct 2001 Location: Cary, NC	Dola - Interesting article on CNN about the view of Kerry in the financial markets: http://money.cnn.com/2004/01/29/mark...ex.htm?cnn=yes "Members of the securities and investment industry have donated nearly $4 million to big-business friendly George W. Bush's re-election campaign, but have also donated more than $1 million to Kerry's campaign, according to the latest available data from the Center for Responsive Politics." ""On one hand, he seems more palatable to Wall Street than Dean, in that his positions on trade and taxes are more moderate," said Greg Valliere, political economist and chief strategist at Charles Schwab Washington Research Group. "On the other hand, I think the markets weren't paying all that much attention to the Democratic race several weeks ago when it seemed like Dean would win, because in a Dean vs. Bush race, it was widely assumed on Wall Street that Bush would sweep," Valliere added. "But this changes things. Kerry's no Michael Dukakis. A Kerry-[John] Edwards ticket would be more threatening to Bush than Dean."