Here's The Real Reason Obama's Re-Election Odds Are Plunging

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Monday, June 4, 2012 Here's The Real Reason Obama's Re-Election Odds Are Plunging Obama's re-election odds have wavered after a string of poor jobs reports, with many polls putting the president within the margin of error for a win this November. But for Obama and Romney supporters, the best insight may be how the markets are performing come fall.  We present a chart we've seen many times before (updated through Friday's close): Obama's re-election odds (as calculated by InTrade) against the S&P 500.  The two are somewhat correlated — showing an R-squared of 0.62 — and stock market historian Sam Stovall says that equities predict the winner of the presidential ballot with 88 percent accuracy. SEE ALSO: The 20 Most Miserable Countries In The World > Read » Also On Money Game Today: Wall Street Thinks These Are The 10 Cheapest Stocks In The World Investors Flock To Airlines Because Of Plummeting Crude Price VIDEO: We Debate Felix Salmon On Whether Greece Leaves The Euro If The US Is Japan, The DOW Will Fall To 2400 By 2027 Advertisement CHART OF THE DAY: The Scariest Jobs Chart Ever UPDATE IV: CHART OF THE DAY: 1.53760% CHART OF THE DAY: This Is Easily The Craziest Reason Why A Company Would Boost Its Dividend Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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