US Markets

DJIA9752.16chart+364.55
NASDAQ1881.90chart+37.65
S&P 5001043.96chart+40.61
2008-10-14 09:36

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FTSE4473.14chart+216.24
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Nikkei9447.57chart+1171.14
2008-10-14 09:21

Commodity Futures

Oil84.48chart+3.29
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2008-10-14 08:37

Treasury Yield

13 Weeks0.35chart+0.14
5 Year3.01chart+0.25
10 Year4.02chart+0.16
2008-10-14 09:17

Exchange Rates

JPY102.72chart+0.00
EUR0.73chart+0.00
GBP0.57chart+0.00
2008-10-14 09:35

It’s the Economy, Stupid

On May 4th, Hillary Clinton said she was not going to put her “lot in with economists.” On May 8th her chances of winning, according to prediction markets, stood at below 10%, while her chances of winning the Democratic nomination stood at exactly 10%.

In 1992, Hillary’s husband Bill Clinton used the slogan “It’s the economy, stupid” to show how a seemingly unbeatable George H.W. Bush could and should be beaten: through Clinton’s use of economic principles against Bush’s Foreign Policy experience.

It seems as though having Economics on your side helps even politicians.

Utility:
1 I like Tariffs and Taxes2 I would rather watch TMZ.3 I wonder what Paris is doing.4 Well, this is rather irrelevant5 For the effort...6 Huh, really?7 Interesting... do go on.8 A new wrinkle for my brain9 I think a whole new lobe just appeared10 For the win! (5 votes, average: 9 out of 10)
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3 Comment(s)

  1. Politics is evil.

    Anony-Mouse | May 23, 2008 | Reply

  2. And where do Economics stand?

    Rebecca | May 23, 2008 | Reply

  3. It’s standing over there with ‘Science’ on the observation deck.

    Jason | May 23, 2008 | Reply

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