Stock Market Says Obama To Lose
(Posted by Dannytheman)
I had never heard that the stock market could be an indicator of an upcoming election previous to reading this story.
1932 is stated as the last time in history it has predicted incorrectly. "An incumbent president faces a challenger ... and 13 out of 13 times the stock market picks the winner in January."
That is really "Hope" I can believe in. Read the entire story and feel free to discuss!
I had never heard that the stock market could be an indicator of an upcoming election previous to reading this story.
1932 is stated as the last time in history it has predicted incorrectly. "An incumbent president faces a challenger ... and 13 out of 13 times the stock market picks the winner in January."
That is really "Hope" I can believe in. Read the entire story and feel free to discuss!
15 Comments:
Danny - Thank's for the post. It's interesting,but in a way, it defies logic. You would think that a healthy stock market would reflect an economy moving in the right direction, putting the wind at the presidents back. I'm not buying into this theory. I hope the market continues to do well. But for a different reason.
I honestly understand, Bob. I respect that! It was Sunday morning, I was up early and perusing the news lines. I only posted it out of complete surprise since I had never heard it before. (And I was very excited it might be true to be honest)I hope the market continues to do well so my retirement account get's a kick upward.
Danny - I have to admit though, it is an interesting theory. BTW, do you ever listen to Smirconish?
No, I stopped listening to him when he endorsed Obama and Specter in the same year. He is now in bed with Specter as a member of his law firm.
Has he admitted his mistake with Obama yet?
Danny - That's a loaded question, but I'll answer it the best I can. No.
You never did answer the question about Romney's statement that "the enconomy was improving" in his interview with Ingram. If, as you say, the economy isn't improving, do you consider his take on the economy as inacurate?
I must have missed that question, I am sorry! I agree that the economy is improving. But I will also say there wasn't much more bottom we could go, so up was only way it could go. I also think, as is stated in the story here, businesses are sensing an Obama loss and return to a more business friendly atmosphere with the new incoming Republican President, Senate and House. (With even more Tea Partiers involved to remind them to not spend like drunken sailors.
Now let's let some others chime in and not hog the whole thread for our personal grievences.
Danny - Hey. Don't let me stop them. If they're interested, they'll chime in. Plenty of space available. But it's nice to see that you agree with me that the economy is improving. Sound's like We're getting somewhere. But probably not.
How about that Clint Eastwood Super Bowl commercial.
The Village Idiot goes ape shit over the Clint Eastwood commercial
http://www.youtube.com/watch?v=PJqTzt8rdQg
I preferred the M&M commercial.
Steve - The M&Ms commercial was great but the Doritas one blew my socks off. Double meaning to the whole thing. But, to the point of Danny's post: "... if the JIB performs in its usual near-perfect fashion, look for a Republican victory in November." Let's hope for change and pray that the JIB performs in its usual near-perfect fashion in 2012...
Steve - The M&Ms commercial was great but the Doritas one blew my socks off. Double meaning to the whole thing. But, to the point of Danny's post: "... if the JIB performs in its usual near-perfect fashion, look for a Republican victory in November." Let's hope for change and pray that the JIB performs in its usual near-perfect fashion in 2012...
Charlie Two Times - Danny doesn't want anyone to "hog his thread" and you posted twice. Shame on you Charlie Two Times!
We might want to call you Bob 7 times. Since you always say the exact same thing!
Danny - Thats what my GF calls me. But for different reasons.
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