Posted on 02/28/2012 8:08:33 PM PST by SeekAndFind
While President Obama may not be Wall Street's ideal candidate, stock prices are rising on growing expectations he will be re-elected this November.
Part of that, market pros say, is simply that investors feel more certain about who will be in the White House for the next four years and which policies they will have to deal with.
Obama's chances of winning in November increased to above 60 percent on Tuesday, up from about 50 percent at the beginning of the year, according to the odds on prediction market Intrade.com.
Meanwhile, the S&P 500 has hit a new bull market high and is up 9 percent on the year.
The stock market’s rise comes as the supposed Republican frontrunner, Mitt Romney, continues to struggle to win the GOP nomination.
Romney has just a 55 percent chance of winning Tuesday’s Michigan Primary, down from 80 percent just a day ago, according to Intrade. Meanwhile, the odds of GOP challenger Rick Santorum winning the primary have shot up to 45 percent.
Oh Fudge! If businesses are preparing for a 2nd Obama term they would be printing “Going Out of Business” signs. Please, anything with NBC in it needs to be flushed immediately and please spray the air freshener.
Series 7 broker here
This is BS!
The market is great the way it discounts the obomination winning again, him trying to grab our guns, stealing more of our money, the revolution starting,yet higher stock prices.
RE: This is BS!
So, Mr. Broker, what do you reckon is the reason behind the recent rise of the stock market (the Dow just closed above the 13,000 psychological mark ).
Markets are anticipating massive inflation from Euro bailouts.
Gold and silver may double this year. Oil will triple, or more.
I can see why the economy is so FUBARed, those boys on Wall Street are all morons.
But what if God wants to teach America a hard lesson?”
###
This is the mindset I am moving toward as well.
However, if that is indeed the case, I see NO possibility of the return to America to anything remotely resembling what it once was.
As a believer that America represents the last best hope of mankind, but fully recognizing that I cannot begin to fathom the mind of God, I cannot understand how He could want that as the permanent outcome.
must be one of those market “experts” they always quote for PBS Marketplace
This non-broker things markets are predicting in a big way, that Obama is going to lose.
Markets are leading indicators.
Typically about 6 months so. So watch what they do during the next 2 months.
Though there’s a lot of manipulation to take into account. TARP you know...
>> “What I want to know is why the markets are rising with virtually no trading volume.” <<
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In short, because the small handful of buyers have become price-insensitive, and are abysmally unaware of the huge threat of a rapid deflation when the house of cards shakes down.
I don’t know why the link to this story got lost, but to read the entire CNBC article, here is the link:
http://www.cnbc.com/id/46556820
I saw it earlier on Yahoo or Drudge. Read it then while waiting for FreeRepublic to come back to life.
We won’t lose the House. Won’t even come close. At most, we’ll lose five seats. We’ll win the Senate, although our fight for a decent majority margin got tougher today. We may end up with only 51 or 52 seats. In the Senate, we are all but guaranteed 3-5 pick-ups. With Maine now in doubt, we definitely need to make sure Brown keeps that MA seat. Previously, I did not really care. We’ll have a bigger fight with Kerrey in Nebraska and Maine to defend.
Yesterday msnbc posted a article how the Keystone pipeline would raise the price of fuel.
Yet if mittens wins the nomination we are screwwwwd.
The rules we in the financial services industry have to follow are very strict when it comes to communicating with the public. Kansas58 and I have the same opinion that this article is BS, but we could open ourselves to trouble if we went into detail as to why.
>> “Best do some heavy praying that God takes charge and trumps the GOP and Progressives.” <<
.
YHVH has always been in charge, and all is proceeding according to plan. Start reading at the “6th seal” in Revelation to see what is next.
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CNBC is still on the air after their fraudulent and complicit Worldcom, Enron, Arthur Andersen days? People actually pay attention to these duplicitous dunces? That’s “smart”. If Barry wins, then help him out by not spending a dime, which shouldn’t be hard to do, since he is making sure we don’t have any dimes.
I’ll tell you a sure thing to invest in for the near future....
Brass and lead...
Maybe it’s the same kind of shenanigans that were used to create the “Crisis” that helped get Obama elected - Soros pulling the stirngs making everything look all rosy now.
RE: Yet if mittens wins the nomination we are screwwwwd.
It’s looking like it’s going to happen as every state have their primaries.
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