Selzer’s Bloomberg poll finds investors pessimistic
According to the latest Bloomberg Global Poll, investors around the world say President Barack Obama is bad for the bottom line, even though U.S. corporations are on track for the biggest earnings growth in 22 years, and the stock market appears headed toward its best back-to-back annual gains since 2004.
The quarterly poll of 1,030 Bloomberg subscribers who are investors, analysts or traders was conducted by Des Moines-based Selzer & Co. on Nov. 8.
Pessimism about the impact of Obama’s policies on the investment climate is common among respondents everywhere, the results show.
However, the respondents said the Republican victories in the midterm congressional elections, which gave the party control of the U.S. House of Representatives, will be good for business. Pluralities anticipate lower taxes, an improved investment climate and better stock market returns.