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Article: What Wall Street Doesn't Want
- Article from:
- Chicago Sun-Times
- Article date:
- January 18, 1993
- Author:
CopyrightCopyright 1993 Chicago Sun-Times. (Hide copyright information)
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Bill Clinton made lots of promises when he was running for
president. But Wall Street would like him to renege on some just as
soon as he becomes the nation's 42nd president Wednesday.
The stock and bond markets are always jumpy when there is a
change in the White House. But with the weak economy competing
against the nasty federal budget deficit for Clinton's attention, the
financial markets will be extra nervous this year.
Wall Street will closely monitoring Clinton's words and deeds.
So here is a list of some of candidate Clinton's promises and a guess
as to how investors will react if he carries them out.
Halve the deficit in four years.
While Wall Street doesn't expect Clinton ...