Majority of fund directors think Kerry will have no or negative impact on investment markets

CNN Netscape News: "Big investors narrowly predict Kerry over Bush in poll" is CNN's title for the story this link leads to, but the details within the article cast a very revealing perspective by international investors on John Kerry.

While the majority of North American, British and Japanese investors think Bush will win, "continental European" fund managers (almost 1/3 of all worldwide participants in this poll)think Kerry will win by a margin of 44% to 33%.

Is it any surprise that continental Europe (my guess the majority of these managers are French or German) supports John Kerry by this wide margin? At first, I wasn't until I read further into the article and found out that of the 300 polled fund managers, 37% believe a John Kerry victory would have a negative impact on markets. Only 13% of respondents thought a Kerry victory would be positive. 44% thought no change would occur.

This is the nugget that should be mined by the Bush campaign team. Of the close to $1 trillion directed by these fund managers, 81% think markets would remain unimproved or would decline under a Kerry presidency.

So, today's message is: When you're investing money with a socialist fund manager, just remember that they are apparently hard-wired to allow socialism to trump over capitalism in the end.