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.
ObamaÆs policies are likely to be less equity-favourable, but analysts hope he will step back from his more progressive initiatives until the economic recovery is well underway.
The election of Barack Obama as the next president will radically improve the way the rest of the world sees and interacts with the US, says AMP Capital InvestorsÆ Shane Oliver.