Majority of economists see McCain better for stocks

24 Jul, 2008

The US stock market would fare better in the first year after a victory by Republican presidential candidate John McCain than by his Democratic rival Barack Obama, according to a majority of economists at US banks and research groups polled by Reuters. But the survey of 29 firms taken alongside a regular Reuters economic poll also found that economists had mixed views on the two candidates' economic plans.
On a scale of 1 to 5, with 1 being "very good", 12 economists gave McCain's proposals higher marks, while nine rated the two candidates equally and eight preferred Obama's policies, according to the poll released on Wednesday. The economy has supplanted the Iraq war as the main issue in the November presidential election between Arizona Senator McCain and Illinois Senator Obama.

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