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3/14/2016 3:48 pm  #1


Wall Street likes Kasich as President, survey finds

He's got my vote if he's still on the ballot when we finally have our primary here in PA.  I still cannot understand how Kasich is not the front runner for the republicans? He's the most center, normal candidate on either side.  Kasich is the only one that I would not describe as a whacked-out loon.


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.

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.


"Clinton's views on markets and economy are well-known and well-vetted," said one of the respondents. "At this point, Trump can and does say anything." Another chimed in that Clinton will only be good for the stock market if the Republicans maintain control of the House.


© Provided by CNBC
Forty percent of respondents overall say a Republican winning the White House would be best for the economy and 18 percent chose the Democratic Party. But in a possible sign that respondents don't like their choices very much, 26 percent said it doesn't matter for the economy who wins the race and 16 percent said they didn't know who would be best, higher than in previous CNBC surveys.

"Associating any of these candidates with the word 'best' is very difficult to do. They strike me as equally awful," one of the respondents said.

Among the 15 preferring a Republican in the White House, only two said Trump would be best for the economy and seven chose Kasich. And three of the seven who think the economy would be best served if a Democrat were in the White House chose Kasich, making the Ohio governor the only candidate to get bipartisan support in the survey.

But 56 percent say the presidential campaign is negative for the economy overall and 39 percent saying it doesn't matter. "Election outcomes have a smaller and shorter-lived impact on the markets than popular thinking suggests," one respondent wrote.

http://www.msn.com/en-us/money/markets/wall-street-likes-kasich-as-president-survey-finds/ar-AAgLzpx

Last edited by The Man (3/14/2016 3:51 pm)

 

3/14/2016 4:25 pm  #2


Re: Wall Street likes Kasich as President, survey finds

The Man wrote:

He's got my vote if he's still on the ballot when we finally have our primary here in PA. I still cannot understand how Kasich is not the front runner for the republicans? He's the most center, normal candidate on either side. Kasich is the only one that I would not describe as a whacked-out loon.

He is the best of the crop, but he is pretty much out of the running. Still, if he is in when PA primary rolls around,  he will get my vote too. 
 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

3/14/2016 6:25 pm  #3


Re: Wall Street likes Kasich as President, survey finds

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.

And, that's why I couldn't support him, or any other candidate that gets in bed with Wall Streeters.  I don't think our democracy should be for sale.  Since Obama was elected, the stock market has gone threw the roof.  How's that worked out for you?
 

 

3/14/2016 6:48 pm  #4


Re: Wall Street likes Kasich as President, survey finds

Fund managers, economists, other Wall Streeters?  No way.  We've been there and Obama has spent the past seven years getting the country out of their financial hole.

 

3/14/2016 7:05 pm  #5


Re: Wall Street likes Kasich as President, survey finds

Just Fred wrote:

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.

And, that's why I couldn't support him, or any other candidate that gets in bed with Wall Streeters.  I don't think our democracy should be for sale.  Since Obama was elected, the stock market has gone threw the roof.  How's that worked out for you?
 

It has worked out very well. That is exactly why we need someone who has the best policies for the economy. Wall Street can be good or bad just depending on how you look at it and how it behaves in relation to your own personal finances. Given that many if not most individuals now have their retirements in 401Ks and tied a lot to the markets, the economy and Wall Street and its securities play a big role. Even those who still have pensions, those too are tightly coupled with market performance. 

Should there be less money from big banks and Wall Street in politics - for sure as well. 
 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

3/14/2016 7:29 pm  #6


Re: Wall Street likes Kasich as President, survey finds

As much as 'sticking it to Wall Street' might sound good to some people, in reality most of us need Wall Street to thrive if we ever want to have a chance to retire.  I'm not going to be given a pension, I'm relying on my 401k and stocks to allow me to retire, so I root for Wall Street to do well.  Bernie Sanders is definitely not the guy I want for that.

     Thread Starter
 

3/14/2016 8:05 pm  #7


Re: Wall Street likes Kasich as President, survey finds

I get it if you are heavily invested.  In that case, Obama and his economic policies worked out well for you.  However, most Americans don't have a pile of cash sitting around to invest at the end of the month ............ they work pay check to pay check.

However, if you have been liking the way things have been going over the last several years, then I would think Clinton would be the one for you.  From what I can see, she wants to continue President Obama's economic policies.  I simply don't think in the long run it would be healthy for America.

 

3/14/2016 8:13 pm  #8


Re: Wall Street likes Kasich as President, survey finds

Just Fred wrote:

I get it if you are heavily invested.  In that case, Obama and his economic policies worked out well for you.  However, most Americans don't have a pile of cash sitting around to invest at the end of the month ............ they work pay check to pay check.

However, if you have been liking the way things have been going over the last several years, then I would think Clinton would be the one for you.  From what I can see, she wants to continue President Obama's economic policies.  I simply don't think in the long run it would be healthy for America.

 
I don't have a pile of cash sitting around to invest either, but I do make sure I put 15% into retirement every paycheck, as I have to if I ever want to retire.

No, Clinton is not the best candidate for me, I would vote for any of the candidates over her.  She's too crooked in everything else to make up for her economic policy.  I want to see the stock market get even stronger than it is, and that's why I like Kasich.

Last edited by The Man (3/14/2016 8:15 pm)

     Thread Starter
 

3/14/2016 8:52 pm  #9


Re: Wall Street likes Kasich as President, survey finds

Just Fred wrote:

I get it if you are heavily invested.  In that case, Obama and his economic policies worked out well for you.  However, most Americans don't have a pile of cash sitting around to invest at the end of the month ............ they work pay check to pay check.

However, if you have been liking the way things have been going over the last several years, then I would think Clinton would be the one for you.  From what I can see, she wants to continue President Obama's economic policies.  I simply don't think in the long run it would be healthy for America.

Have you looked to see how heavily YOUR pension is in the market and what it means to it (and you)
 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"
 
 

3/14/2016 8:57 pm  #10


Re: Wall Street likes Kasich as President, survey finds

tennyson wrote:

Just Fred wrote:

I get it if you are heavily invested.  In that case, Obama and his economic policies worked out well for you.  However, most Americans don't have a pile of cash sitting around to invest at the end of the month ............ they work pay check to pay check.

However, if you have been liking the way things have been going over the last several years, then I would think Clinton would be the one for you.  From what I can see, she wants to continue President Obama's economic policies.  I simply don't think in the long run it would be healthy for America.

Have you looked to see how heavily YOUR pension is in the market and what it means to it (and you)
 

 
If it's a defined, guaranteed pension, it wouldn't matter to the recipient.  Others are on the hook to pay and make up any losses.

     Thread Starter
 

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