Investors Worry About A Kerry Victory

John Kerry's promise to stimulate the economy doesn't ring true in the ears of those who really make the economy go.

A major concern is that Kerry would undo the reduction to 15 percent in the top tax on capital gains and dividends, which investors credit for fueling growth and stock market gains.

"They are concerned Kerry's fiscal policies would be less stimulatory," Johnson said.

Despite the close standings in the survey, Bush should benefit from the sizzling rise in corporate profits this year and a sharp rise in employment gains, said Robert Stovall, managing director at Wood Asset Management Inc. in Sarasota, Florida.