Conservative
Type 40
Three Reasons Paul Ryan Makes the U.S. a Better Investment - Bloomberg
Choosing Ryan shows Republicans are serious about something the markets do care about: budgets. Romney is a numbers guy. Ryan is a numbers guy, too... In his willingness to sacrifice political diversity on the presidential ticket, Romney is saying he cares more about markets than marketing.
The budget is finally going get the prime air time it has long been denied... Romney's choice of a candidate with baggage demonstrates courage. Where other candidates avoid Social Security, Ryan says: "This is your third rail? Let me step on it." Together, Romney and Ryan will make clear they're determined to cut the budget, reducing the uncertainty investors routinely say is a deterrent.
Legislation that affects budgets is likely to come sooner if Romney and Ryan win. And markets like sooner -- the faster the law comes, the shorter the period of uncertainty.