Monday, August 24, 2009

Re: Obama's Polls v. The Stock Market

Looks like my post from a few weeks ago on the strong correlation between Obama's falling poll numbers and the surging stock market wasn't as hair-brained as I first thought. Ed Morrissey over at HotAir points out that none other than Jim Cramer is touting Obama's disapprovals as a leading market indicator:

I expect my royalty checks to be arriving in the mail anyday now.

All kidding aside, since my first post the market has continued to rise, and the President's numbers have continued to fall. Maybe once I kick this wicked flu, I get around to updating my analysis to reflect the last few weeks.

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