Investors Overwhelmingly Back Romney for President, New MoneyShow.com / Independent Agenda Poll Reveals

SARASOTA, Fla. and NEW YORK, Oct. 30, 2012 /PRNewswire/ -- U.S. investors favor former Massachusetts Gov. Mitt Romney over President Barack Obama by more than two to one, a new poll released today shows.

According to the latest MoneyShow.com®/The Independent Agenda® Investor Class Poll, Gov. Romney would get 64% of investors' votes, vs. 27% for the president, if the election were held today. 8.6% of those surveyed said they were still undecided.

By 57% to 43%, the respondents said they thought Gov. Romney would be elected. They also overwhelmingly expect Republicans to retain control of the House of Representatives and, by 56% to 44%, look for Democrats to keep the U.S. Senate.

The investors polled were optimistic about the chances Congress and the next president will deal successfully with the "fiscal cliff," when hundreds of billions of dollars in tax cuts expire and mandatory spending reductions begin in January 2013.

A large majority—87% of those surveyed—expects a deal in the lame-duck session of Congress immediately after the election (20%), when the new Congress takes office in January 2013 (27%), or some time in 2013 (40%). Only 13% do not believe a deal will be struck.

Some 45% of those who answered the poll said they were registered Republicans, vs. 18.5% who were registered Democrats and 34.7% independents. 48% called themselves fiscal conservatives, 21% centrist or independent, 9% libertarian, 12% progressive, and 10% social conservatives.

The poll, conducted from late Monday, October 22, through early Monday, October 29th, got 1,055 responses from MoneyShow.com users, a 95% confidence level with a +/-3% margin of error. Two dedicated emails were sent out to MoneyShow.com's audience of 77,800+ investors, and additional promotions were done on the site.

About MoneyShow.com

MoneyShow.com is a free multimedia online community featuring commentary, videos, Webcasts, and blogs from the same experts who appear at MoneyShow live events, as well as other leading thinkers. It provides 24-hour access to powerful, profitable, and actionable advice; offers hundreds of hours of education designed for investors, traders, and financial advisors, and allows easy ways for investors and traders to tailor the information to their needs. Please visit www.moneyshow.com.

About The Independent Agenda

The Independent Agenda: Political Commentary for Reasonable People® is a political blog building an online community for the many independent-minded citizens looking for real solutions to the nation's problems. It features political commentary from founder and blogger-in-chief Howard R. Gold, who is also editor at large at MoneyShow.com and a columnist at MarketWatch. Please visit www.independentagenda.com.

Contact:
Aaron West
MoneyShow
Phone: (941) 955-0323
[email protected]

Howard R. Gold
The Independent Agenda [email protected]

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SOURCE MoneyShow.com; The Independent Agenda