US economic growth will stall through the latter half of this year and into 2005 helping hand this November's presidential election to Kerry rather than Bush according to a forecast from ISIS Asset Management.
Stephen Andrew, economist, says Kerry’s lack of charisma raises question marks about the final outcome of the race for the White House, but overall ISIS retains its bet. ”Our view for a while now has been that with the economy’s momentum seriously in question, John Kerry would benefit at George Bush’s expense and be elected to the White House,” Andrew states. ”This is still our central case, and our conviction that we’ve got the economic call right is undimmed.” Predicting the outcome of the election is important for UK investors because of the possible outcomes in terms of fiscal ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes