But how was I to know
That you'd be letting go
--Bryan Adams
The previous post noted the correlation between stock prices and poll numbers. Below we show the SPX and Intrade's Obama wins in 2012 contract.
After watching polls decline commensurate with stocks, this administration has to be terrified of a big, prolonged sell off here.
As Bush demonstrated in 2008, if all the king's horses can't prop stocks above a failing economy, then the Oval becomes a goose egg.
position in SPX
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
5 comments:
Lower mortgage rates will make housing more affordable and allow more homeowners to refinance. Lower corporate bond rates will encourage investment. And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending.
As for inflation worries, past use [quantitative easing] had little effect on the amount of currency in circulation and also didn't result in higher inflation.
~Ben Bernanke, November 2010
President Barack Obama told campaign donors in Chicago and Minnesota that Europe’s sovereign debt crisis is largely to blame for the slowest month of U.S. employment growth in a year, seeking to counter an issue weighing on his re-election bid.
~bloomberg
This is one of the most interesting articles I ever read. Very helpful! So many thanks for you guys. Thanks for putting this together. With all heart I must say that this is an amazing post with so much to learn from.
bullion tips
This is one of the most interesting articles I ever read. Very helpful! So many thanks for you guys. Thanks for putting this together. With all heart I must say that this is an amazing post with so much to learn from.
bullion tips
"A Taxing Game" video of Ed Butowsky with the Fox Business' Varney & Company, talked about the profits and market stock issue in connection with the higher tax rates.
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