Will the stock market trend be President Barack Obama's friend in 2012?
The answer to that question is likely to reveal whether Obama will be re-elected.
A president's poll numbers may reflect many influences, but few if any have the sway that appears in the striking parallel between stock market trends and presidential popularity.
Gain insight by listening to this audio excerpt of an update of Parallel Cycles of Presidential Experiences from the June Elliott Wave Theorist:
How will voters feel about President Obama on election day in November 2012?
We do know that several high-ranking economic officials have left the Obama administration, and another recently announced his intention to leave:
"Austan Goolsbee...plans to leave as chairman of the Council of Economic Advisers by September, after a year in the job..."
New York Times, June 6
Bloomberg reports (6/30) that the Treasury Secretary himself is thinking about resigning.
However, Marketwatch (7/1) said that "Treasury Secretary Timothy Geithner downplayed a report he may quit after the debt-ceiling issue is resolved..."
Of course, economic and financial trends are not governed by the Treasury Secretary, chairman of the Council of Economic Advisers, or the President himself.
Indeed, the evidence suggests that the opposite is true: financial trends largely determine who will occupy high offices.
This leads to what may seem to be an odd question: Should you vote for the candidate you like least in 2012?
Learn more about our analysis of how the stock market influences presidential elections, as well as our analysis of the stock market trend unfolding now. You'll also discover what the 7.25 year market cycle is suggesting about the years ahead in Prechter's new Theorist.
PLUS, when you subscribe risk-free, you'll get TWO new subscriber-exclusive videos from Steve Hochberg, Prechter's colleague and EWI's Chief Market Analyst. You'll get more than 1 hour, 30 minutes of thought-provoking analysis and forecasts of U.S. stocks, the U.S. Dollar, silver, gold and more.