The Standard & Poor’s 500 Index’s biggest rally to start a year since 1991 is coinciding with a 15 percent increase in President Barack Obama’s re-election odds, showing growing investor confidence in the U.S. economy.Obama is favored on Intrade to win reelection with odds of 1.5 to 1. Obama has a 59.4 percent chance of winning reelection to Romney's 39.2 percent chance.*** Prospects for an improving American economy have added almost $3 trillion to equity prices since October and helped spur a 14-percentage-point swing in the odds of re-election.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Monday, February 13, 2012
Obama's Reelection Chances Rise As Stocks Gain And Economy Improves
Posted By Milton Recht
From "Obama Futures Rallying in Correlation With S&P 500 Best Start in 21 Years" by Whitney Kisling:
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