Another sign for GOP optimism

On the heels of Gallup’s report painting a pessimistic picture for the president comes this from Investors Business Daily: The stock market’s strong January gains predict a presidential victory for the challenger candidate come November. After 1932, every bullish first month in the markets has foreshadowed the incumbent going down, while every mild month (no matter if the market was up a few percent or down a few percent) meant a second term for the administration.

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Filed under 2012 Presidential Election, Economy

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