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Brandywine PM cheers for GOP victory in November

Any election result that throws sand in the wheels of the Obama administration is good for investors, argues Stephen Smith, co-head of global fixed income.
“Barack Obama hasn’t taken baby steps towards socialism, but a giant step,” argues bond portfolio manager Stephen Smith. He is only one individual who is hoping for the Republican Party, nicknamed GOP, to retake Congress in this November’s mid-term elections, but many on Wall Street are unhappy with the Democrat-controlled Congress and US President Obama. Smith, managing director and co-head of global fixed income at Philadelphia-based Brandywine Global Asset Management, discussed his…
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