"The Stock Market Is Telling Us Obama Could Win Re-Election In A 'Landslide'"

[Pirate Smile]

The Stock Market Is Telling Us Obama Could Win Re-Election In A 'Landslide'



Professor Robert Prechter, founder of Elliot Wave International, recently published a study titled Social Mood, Stock Market Performance and U.S. Presidential Elections: A Socionomic Perspective on Voting Results

Here's a quick summary of Prechter's findings:

The results are consistent with socionomic voting theory, which includes the hypotheses that (1) social mood as reflected by the stock market is a more powerful regulator of re-election outcomes than economic variables such as GDP, inflation and unemployment and (2) voters unconsciously credit or blame the leader for their mood.

-snip-
Prechter makes no direct reference to Barack Obama's presidency. However, three years ago was right around the time the stock markets had collapsed to historic lows and began their historic bull run. Since February 20, 2009, stocks are up a staggering 65 percent, which is much higher than Prechter's 20 percent threshold.

Unless we see an epic collapse in stocks during the next eight months, President Obama will probably be around for another four years.

At least that's what the stock markets are telling us.



Read more: http://www.businessinsider.com/robert-prechter-stock-market-election-landslide-2012-2#ixzz1my5FJgx7

[DCBob]

1. I think the unemployment numbers will have a greater impact.

If they keep gradually falling the President wins easily... guaranteed.

[doc03]

3. I think the price of gas will be the deciding factor, already hear a lot of

grumbling about the price of gas.

[DCBob]

5. I doubt it. A US President has little control over the price of oil/gasoline.

Its a global commodity affected by global supply/demand, investor speculation, geopolitical issues/crises, etc.. things the President has little to no control over. The only way the President takes a hit is if somehow the Republicans are able to get voters to believe a lie... which is possible but not likely in this case. The Obama campaign will be ready for it.

[doc03]

7. Obama owns that issue since he stopped the pipeline, n/t

[DCBob]

8. Thats a RW talking point.

And its totally unfair. That pipeline would have little impact on the price of gas. There are much larger factors in play as I indicated in my previous post.

[doc03]

9. We can agree but to the average unimformed Amurican is

Easily fooled by right wing talking points.

[On the Road]

2. This Kind of Thing Has a Powerful Effect

all the more so because outside of a few articles like this, few people directly connect it to the election.

[jillan]

4. Remember when Obama was first elected and Faux Lies had the Stock Market on his forehead

when he was talking to see if it went down?

I don't think they do that anymore

[Pirate Smile]

6. kick