Brandywine PM cheers for GOP victory in November

“Barack Obama hasn’t taken baby steps towards socialism, but a giant step,” argues bond portfolio manager Stephen Smith. He is only one individual who is hoping for the Republican Party, nicknamed GOP, to retake Congress in this November’s mid-term elections, but many on Wall Street are unhappy with the Democrat-controlled Congress and US President Obama. Smith, managing director and co-head of global fixed income at Philadelphia-based Brandywine Global Asset Management, discussed his…