The latest UBS Investor Watch Pulse survey of U.S. investors and business owners, released Thursday, finds that the two groups are split on their favorite to win the Nov. 3 presidential election.
Investors favor former Vice President Joe Biden 51% to 49%, and 56% expect him to win. Meanwhile, business owners favor the incumbent 55% to 45%, and 55% expect him to be victorious.
Regardless of which party dominates, more investors expect a positive economic effect from an aligned presidency and Senate.
UBS surveyed 1,000 investors with at least $1 million in investable assets and 500 business owners with at least $1 million in annual revenue and at least one employee other than themselves from Oct. 16 to Oct 21.