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CNBC: Markets Start to Anticipate Obama Victory in November
CNBC | 02/28/2012 | By: John Melloy

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.


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: november2012; obama
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1 posted on 02/28/2012 8:08:40 PM PST by SeekAndFind
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To: SeekAndFind

With Romney’s win tonight, his chances of re-election have increased to 100%.


2 posted on 02/28/2012 8:09:40 PM PST by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: SeekAndFind

What I want to know is why the markets are rising with virtually no trading volume.

Something stinks.


3 posted on 02/28/2012 8:10:08 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: SeekAndFind

Obviously they don’t know what the hell they are
talking about. It couldn’t be that markets are up
because Obama is out of here...could it.


4 posted on 02/28/2012 8:11:20 PM PST by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: SeekAndFind
"market pros say"

they, along with other economists, say "Unexpected" more than anything

5 posted on 02/28/2012 8:13:21 PM PST by BookmanTheJanitor
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To: SeekAndFind
...according to the odds on prediction market Intrade.com.

Like Intrade is infallible? Dopes that base anything off of this gamblers website haven't a clue. How about Obummer under 50% approval in the polls for years, high gas prices, high food prices, housing in the toilet and high unemployment. Those might be something that says Obummer is finished.

6 posted on 02/28/2012 8:14:51 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: SeekAndFind
if opining that the markets "anticipate" his re-election, than why don't they also opine that there was a massive layoff just as he was elected and since then....

can't have it both ways....

he better not get re elected folks....he better no...

7 posted on 02/28/2012 8:16:26 PM PST by cherry
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To: SeekAndFind

Just a plain stupid article. This election will be about Obama,jobs, and gas prices. Doesn’t matter who we nominate.


8 posted on 02/28/2012 8:16:45 PM PST by cornfedcowboy (Trust in God, but empty the clip.)
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To: SeekAndFind

9 posted on 02/28/2012 8:17:01 PM PST by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: SeekAndFind

Another Fed bubble is a more reasonable explanation.


10 posted on 02/28/2012 8:18:14 PM PST by 2 Kool 2 Be 4-Gotten
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To: mylife

I agree with you. The market rise is nothing but a setup trying to drive cash out of savings, bonds, etc. into the stock market before it crashes. Most of the trading is by the big players to drive up commissions and management fees. A lot of the trading is done by the big players through buying and selling to themselves using separate branches/divisions to mask the transactions.


11 posted on 02/28/2012 8:18:32 PM PST by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: SeekAndFind
We are so Ffff...Screwed! I hate how the GOP candidates have slit their their very own throats while the mediaWHORES and the EVIL VOMIT FROM HELL MUSLIM PRESIDENT is laughing all the way to a second term!! MY GOD the republicans candidates are so DAMN STUPID! YES I'M PISSED AS HECK!! NOW we are in danger of losing the WH, house and yes we had a shot at the senate, but all that is SHOT TO HELL, THANKS A MILLION YOU STUPID IDIOTS at the RNC!! THIS COUNTRY IS SO FINISHED if the RATS get control of all three branches AND Supreme Court....GOD HELP US!
12 posted on 02/28/2012 8:18:49 PM PST by RoseofTexas
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To: mylife
What I want to know is why the markets are rising with virtually no trading volume.

Because the economy is still in the toilet and most people either don't have any money to invest or are smart enough to stay out. There are nothing but institutional investors playing the market now. This 13K DJI number is absolutely nothing to be impressed about.

13 posted on 02/28/2012 8:20:02 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: RetiredTexasVet

I believe so, but I aint biting.


14 posted on 02/28/2012 8:20:36 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: RoseofTexas

Best do some heavy praying that God takes charge and trumps the GOP and Progressives.


15 posted on 02/28/2012 8:21:01 PM PST by RetiredTexasVet (There's a pill for just about everything ... except stupid!)
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To: SeekAndFind

With these liberals, up is down, everything is backwards.

The Communist Obama is going to lose. Big.

Markets cannot wait. Markets are saying Obama will LOSE.


16 posted on 02/28/2012 8:21:20 PM PST by Cringing Negativism Network ("The door is open" PALIN 2012)
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To: Lazlo in PA

But 13k is an important Psychological watermark! /S


17 posted on 02/28/2012 8:23:05 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: dfwgator

Not if I can help it.


18 posted on 02/28/2012 8:23:22 PM PST by Big Horn (Rebuild the GOP to a conservative party)
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To: RetiredTexasVet

RE: Best do some heavy praying that God takes charge and trumps the GOP and Progressives.

But what if God wants to teach America a hard lesson?


19 posted on 02/28/2012 8:23:53 PM PST by SeekAndFind
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To: SeekAndFind

I guarantee that the Feds are pumping money into the stock market, creating another bubble.


20 posted on 02/28/2012 8:24:24 PM PST by scott7278 ("...I have not changed Congress and how it operates the way I would have liked..." - BHO)
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To: SeekAndFind

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.


21 posted on 02/28/2012 8:24:53 PM PST by Rodm
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To: SeekAndFind

Series 7 broker here

This is BS!


22 posted on 02/28/2012 8:25:37 PM PST by Kansas58
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To: SeekAndFind

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.


23 posted on 02/28/2012 8:31:51 PM PST by samadams2000 (Someone important make......The Call!)
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To: Kansas58

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 ).


24 posted on 02/28/2012 8:32:04 PM PST by SeekAndFind
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To: SeekAndFind

Markets are anticipating massive inflation from Euro bailouts.

Gold and silver may double this year. Oil will triple, or more.


25 posted on 02/28/2012 8:32:23 PM PST by editor-surveyor (No Federal Sales Tax - No Way!)
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To: SeekAndFind

I can see why the economy is so FUBARed, those boys on Wall Street are all morons.


26 posted on 02/28/2012 8:32:51 PM PST by FlingWingFlyer (It's time for the DemocRAT voter base to start paying their "fair share" of taxes.)
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To: SeekAndFind
“RE: Best do some heavy praying that God takes charge and trumps the GOP and Progressives.

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.

27 posted on 02/28/2012 8:33:54 PM PST by EyeGuy (2012: When the Levee Breaks)
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To: Kansas58

must be one of those market “experts” they always quote for PBS Marketplace


28 posted on 02/28/2012 8:34:11 PM PST by wardaddy (I am a social conservative. My political party left me(again). They can go to hell in a bucket.)
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To: SeekAndFind

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...


29 posted on 02/28/2012 8:34:44 PM PST by Cringing Negativism Network ("The door is open" PALIN 2012)
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To: mylife

>> “What I want to know is why the markets are rising with virtually no trading volume.” <<

.
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.


30 posted on 02/28/2012 8:35:47 PM PST by editor-surveyor (No Federal Sales Tax - No Way!)
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To: FlingWingFlyer

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


31 posted on 02/28/2012 8:36:20 PM PST by SeekAndFind
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To: SeekAndFind

I saw it earlier on Yahoo or Drudge. Read it then while waiting for FreeRepublic to come back to life.


32 posted on 02/28/2012 8:38:19 PM PST by FlingWingFlyer (It's time for the DemocRAT voter base to start paying their "fair share" of taxes.)
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To: RoseofTexas

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.


33 posted on 02/28/2012 8:38:42 PM PST by ilgipper (Everything you get from the government was taken from someone else)
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To: SeekAndFind

Yesterday msnbc posted a article how the Keystone pipeline would raise the price of fuel.

Yet if mittens wins the nomination we are screwwwwd.


34 posted on 02/28/2012 8:39:41 PM PST by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: SeekAndFind; Kansas58

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.


35 posted on 02/28/2012 8:39:56 PM PST by jdsteel (Give me freedom, not more government.)
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To: RetiredTexasVet

>> “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.
.


36 posted on 02/28/2012 8:40:39 PM PST by editor-surveyor (No Federal Sales Tax - No Way!)
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To: SeekAndFind

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.


37 posted on 02/28/2012 8:40:56 PM PST by taketheredpill (If Mitt wins, he does 0 to repeal O'care. GOP blamed for its waste. Dems rule for another 20yrs.)
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To: SeekAndFind

I’ll tell you a sure thing to invest in for the near future....
Brass and lead...


38 posted on 02/28/2012 8:42:08 PM PST by baddog 219
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To: mylife

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.


39 posted on 02/28/2012 8:42:47 PM PST by funfan (and his crew)
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To: ColdOne

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.


40 posted on 02/28/2012 8:43:21 PM PST by SeekAndFind
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To: editor-surveyor

Somethings fishy.


41 posted on 02/28/2012 8:43:44 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: funfan

I believe you are close to the truth.


42 posted on 02/28/2012 8:48:30 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: mylife

If gas is five bucks Obama is gone and so is the economy..


43 posted on 02/28/2012 8:49:00 PM PST by Hojczyk
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To: mylife

More like ‘sheepy.’

People are being setup for a huge fleecing, and there is no hedge that will save them if they’re in the stock market when the chute breaks open.

But in the short run, metals and oil are going to go stratospheric.


44 posted on 02/28/2012 8:49:41 PM PST by editor-surveyor (No Federal Sales Tax - No Way!)
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To: Hojczyk

Gas will be passed $5 by noon tomorrow.


45 posted on 02/28/2012 8:50:56 PM PST by editor-surveyor (No Federal Sales Tax - No Way!)
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To: editor-surveyor

46 posted on 02/28/2012 8:52:29 PM PST by kanawa
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To: funfan

I am a simple guy, but this all looks like market manipulation to me.

He have half the candidates and the President telling us Gas prices are up because there is a glut of oil. WTF?

Obmaa was against the Keystone pipeline 3 weeks ago and now he’s for it.
Satorumn says yesterday that current gas prices caused the housing market to collapse 3 years ago. WTF?


47 posted on 02/28/2012 8:53:15 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: jdsteel

I agree.
I am free to say this:

Watch ANY financial show, at the closing bell, and watch how quickly someone wants to tell you why MILLIONS of transactions happened that day, as if they knew every person on each side of the trade, and every reason why each trade was made.


48 posted on 02/28/2012 9:21:09 PM PST by Kansas58
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To: SeekAndFind

Look at any historical chart.
Bad stuff happens
Good stuff happens
Throughout history.

Hard to pin the market on any one good thing or bad thing.

The market is the market.


49 posted on 02/28/2012 9:22:37 PM PST by Kansas58
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To: SeekAndFind

Look at any historical chart.
Bad stuff happens
Good stuff happens
Throughout history.

Hard to pin the market on any one good thing or bad thing.

The market is the market.


50 posted on 02/28/2012 9:22:43 PM PST by Kansas58
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