Which Candidate Do Investors Favor?
- 4 years ago
Wealth manager UBS did a survey of investors thoughts on the 2020 Presidential race.
According to Business Insider, investors favor US President Donald Trump to support the economy.
They also favor presidential nominee Joe Biden to manage COVID-19 effectively.
A majority of wealthy investors said Biden would get their vote, while business owners said they would prefer a Trump reelection.
Business owners have become more confident as their hiring intentions have risen since the pandemic-induced layoffs that began in March.
Investor sentiment towards the short-term market outlook has improved.
USB said 50% of investors expressed optimism on stocks compared to just about 44% in July.
According to Business Insider, investors favor US President Donald Trump to support the economy.
They also favor presidential nominee Joe Biden to manage COVID-19 effectively.
A majority of wealthy investors said Biden would get their vote, while business owners said they would prefer a Trump reelection.
Business owners have become more confident as their hiring intentions have risen since the pandemic-induced layoffs that began in March.
Investor sentiment towards the short-term market outlook has improved.
USB said 50% of investors expressed optimism on stocks compared to just about 44% in July.