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Friday, June 01, 2012 1:44:15 PM
Brutal Jobs Report Eats into Obama's Re-election Hopes
A bleak May jobs report that managed to miss consensus forecasts by nearly 100,000 jobs seems sure to further hurt the political hopes of Obama, who may now have to hear the dreaded “R” word thrown around by bearish economists.
The odds of Obama being re-elected tumbled 2.7% Friday morning to $5.51 a share on Intrade, the online exchange where investors buy shares to predict political outcomes. That means they give Obama a 55.1% chance of winning in November against Mitt Romney, the Republican nominee for president.
http://www.foxbusiness.com/government/2012/06/01/brutal-jobs-report-eats-into-obama-reelection-hopes/
A bleak May jobs report that managed to miss consensus forecasts by nearly 100,000 jobs seems sure to further hurt the political hopes of Obama, who may now have to hear the dreaded “R” word thrown around by bearish economists.
The odds of Obama being re-elected tumbled 2.7% Friday morning to $5.51 a share on Intrade, the online exchange where investors buy shares to predict political outcomes. That means they give Obama a 55.1% chance of winning in November against Mitt Romney, the Republican nominee for president.
http://www.foxbusiness.com/government/2012/06/01/brutal-jobs-report-eats-into-obama-reelection-hopes/
My post is for my entertainment, do your own DD before pushing your
buy/sell buttons
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