Institutional investors see gains for economy, Dow in Reagan win

A survey by Drexel Burnham Lambert shows that 195 institutional investors believe a Republican victory Nov. 6 would lead to inflation and interest rates about 2 percent lower at the end of 1986 than if Democrat Walter Mondale were to win. A Reagan victory would boost the Dow Jones industrial average 240 points and '85 real gross national product 0.8 percent, and it would mean a budget deficit $39 billion lower than a Mondale victory would, these investors contend.