(Bloomberg) — Anything is still possible for next week’s U.K. election, but one outcome would suit many stock investors better than most.“For equities, the best result is a decent Conservative majority,” said Kim Catechis, head of investment strategy at Martin Currie, an affiliate of Legg Mason Inc., managing about $17 billion.A decisive victory for Boris Johnson would see domestic shares outperform, according to Catechis, who wrote in a report this week that such a scenario would lead to increased fiscal stimulus, reduced uncertainty and falling risk premiums. Optimism that the Tories will win a majority in next week’s vote has …read more
Source:: Yahoo Finance
