I pulled polling data from this Ipsos poll. If you look at summer 2010, you see the sell-off in the S&P 500 Index and disapproval of Obama rising for Republicans, Democrats and Independents. Disapproval then sinks across the board as the market rallies. There are a few other points like this, but only the Democrats and Republicans appear consistently affected by the stock market. Oddly, independent disapproval of Obama is sometimes correlated with the stock market. When the stock market drops, their approval of Obama goes up.
Yan Can Short
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FEEDI have purchased October 27 2024 $27 puts on FXI, the ETF based on the
Chinese stock market. I’ve got a stop-loss of 26.26, meaning I’ll exit
should it...
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