Politics

Romney not surprisingly favored by Wall Street

Debatably, the comment regarding Libya lacked some foresight.

Wall Street is betting for an Obama victory in November very reluctantly. It seems that most finance people, money managers and high net worth individuals want the the policies that Romney is proposing. But Wall Street acknowledges that they may not get what they want. It would be very beneficial for Wall Street to have Romney propose tax cuts for the rich even though this was what got us into trouble in the first place and led to the growing national debt

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