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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[President Obama's Approval Rating Dips to 'Area of Concern' Level]]></title><link>http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/</guid><comments>http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a></p><img border="1" align="right" vspace="4" hspace="4" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2009/01/theobamas.jpg" alt="" />President Barack Obama's approval rating has entered 'the area of concern' zone.<br /> <br /> The president's approval rating slipped to 46% in January from 50% in December 2009, according to a new CBS News poll, CBSNews.com <a href="http://www.cbsnews.com/blogs/2010/01/11/politics/politicalhotsheet/entry6084818.shtml">reported Tuesday.<br /> </a><br /> President Obama still has very strong support among Democrats, about an 80% approval rating, but his approval rating has slipped among Independents, down 10 percentage points to 42%. Obama's approval rating among Republicans is low: only 13% approve of the president's performance.<p><a href="http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/" rel="bookmark">Continue reading <em>President Obama's Approval Rating Dips to 'Area of Concern' Level</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/">President Obama's Approval Rating Dips to 'Area of Concern' Level</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 12 Jan 2010 18:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19314083/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2010/01/12/president-obama-s-approval-rating-dips-to-area-of-concern-leve/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Obama</category><category>polls</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Tue, 12 Jan 2010 18:00:00 EST</pubDate></item><item><title><![CDATA[Poll: Americans more-optimistic about U.S. economy, president's performance]]></title><link>http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/</guid><comments>http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/forecasts/" rel="tag">Forecasts</a>, <a href="http://www.bloggingstocks.com/category/good-news/" rel="tag">Good news</a>, <a href="http://www.bloggingstocks.com/category/headline-news/" rel="tag">Headline News</a></p><p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.dailyfinance.com/media/2009/04/barack_obama_flag_200.jpg" alt="" />Despite a deepening job slump and few signs that the recession that began in December 2007 is nearing an end, Americans have grown more optimistic about the U.S. economy and the country's direction in the 11 weeks since the inauguration of President Obama, the latest <a href="http://documents.nytimes.com/new-york-times-cbs-news-poll-on-the-approval-ratings-of-president-barack-obama#p=2">New York Times/CBS News poll shows</a>.</p>
<p>Further, Americans approve of President Obama's handling of the economy, foreign policy, (wars in Iraq and Afghanistan), and two-thirds said they approved of his overall job performance.</p><p><a href="http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/" rel="bookmark">Continue reading <em>Poll: Americans more-optimistic about U.S. economy, president's performance</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/">Poll: Americans more-optimistic about U.S. economy, president's performance</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 07 Apr 2009 15:50:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1510252/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/04/07/poll-americans-more-optimistic-about-u-s-economy-presidents/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>approval rating</category><category>CBS</category><category>CBS Corp.</category><category>Democratic Party</category><category>New York Times</category><category>NYT</category><category>Obama</category><category>optimism</category><category>polls</category><category>President Obama</category><category>public opinion</category><category>Republican Party</category><category>survey research</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Tue, 07 Apr 2009 15:50:00 EST</pubDate></item><item><title><![CDATA[When evaluating economic polls, subtract 15-20% ]]></title><link>http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/</guid><comments>http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a>, <a href="http://www.bloggingstocks.com/category/financial-crisis/" rel="tag">Financial Crisis</a></p>A note on economic polls: when evaluating them, subtract 15-20%. Case in point: U.S. public opinion toward outgoing President George W. Bush. <br /><br />A <a href="http://www.cnn.com/2009/POLITICS/01/14/bush.political.legacy/?iref=hpmostpop">CNN/Opinion Research Corporation poll</a> taken in December 2008 found the following: <br /><br />Despite the worst U.S. recession in decades, rising unemployment, declining median incomes, unprecedented home foreclosures, massive U.S. government borrowing to bailout / rescue the bank sector, and the lowest job creation of any eight-year president in the modern era, the poll found that: <br />
<ul>
    <li>23% of the American people said they would miss Bush, 25% said Bush managed government effectively, and about a third said he would go down in history as a good president. </li>
</ul>
Roughly a third of Americans viewing Bush as a good president?, with 25% saying he managed the government effectively? What's going on here? <br /><br />Who are these people? Upper-income Americans or strong Republicans? <br /><br />Exactly: either, or possibly both, which is why you need to deduct 15-20% when reading a poll, to gauge a president's support, particularly on economic issues.<p><a href="http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/" rel="bookmark">Continue reading <em>When evaluating economic polls, subtract 15-20% </em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/">When evaluating economic polls, subtract 15-20% </a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 20 Jan 2009 13:10:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1434837/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/01/20/when-evaluating-economic-polls-subtract-15-20/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Bush</category><category>Bush administration</category><category>George W. Bush</category><category>polls</category><category>public opinion</category><category>survey research</category><category>SurveyResearch</category><category>U.S. economy</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Tue, 20 Jan 2009 13:10:00 EST</pubDate></item><item><title><![CDATA[People like Obama but don't expect much]]></title><link>http://www.bloggingstocks.com/2008/12/10/people-like-obama-but-dont-expect-much/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/12/10/people-like-obama-but-dont-expect-much/</guid><comments>http://www.bloggingstocks.com/2008/12/10/people-like-obama-but-dont-expect-much/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/economic-data/" rel="tag">Economic Data</a>, <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a></p><img vspace="4" hspace="4" border="0" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/01/obamapict..jpg" />Most Americans like Barack Obama even though they don't think he will do them much good. <br /><br />According to a <a href="http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=aBMykvqq9nE8&amp;refer=home">Bloomberg/Los Angeles Times poll,</a> more than half of respondents say that the president-elect will not be able to help their personal finances. Almost seven in 10 expect Obama to accomplish only a few of his campaign goals. <br /><br />Perhaps their cynicism is justified. All of the available data indicates that the economy is going to get worse. Retail sales are expected to be dismal this holiday season. Housing probably will not bottom until next year at the earliest.<br /><br />Interestingly, people are willing to give Obama the benefit of the doubt. People who responded to the poll say Obama makes them feel "hopeful," "optimistic" and "proud," which is incredible. People know the economy is bad, so bad that they believe a man with limited experience in Washington can do a better job than the president who has lead the country for the past eight years.<br /><br />"Outside of the economy, Americans rate the Iraq War, followed by health care, as the most pressing issues, with energy and tax cuts trailing," Bloomberg says. "And more than two-thirds trust the president-elect on national security, even though he was criticized for his lack of experience in that area during the campaign."<br /><br />We are living in interesting times.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/12/10/people-like-obama-but-dont-expect-much/">People like Obama but don't expect much</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Wed, 10 Dec 2008 11:38:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.bloomberg.com/apps/news?pid=20601087&amp;sid=aBMykvqq9nE8&amp;refer=home>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/12/10/people-like-obama-but-dont-expect-much/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1396484/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/12/10/people-like-obama-but-dont-expect-much/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>barack obama</category><category>BarackObama</category><category>bloomberg</category><category>blooomberg LP</category><category>BlooombergLp</category><category>economy</category><category>inthenews</category><category>Obama</category><category>polls</category><category>taxes</category><dc:creator><![CDATA[Jonathan Berr]]></dc:creator><pubDate>Wed, 10 Dec 2008 11:38:00 EST</pubDate></item><item><title><![CDATA[The only poll that really counts is the one on Election Day, Tuesday, November 4]]></title><link>http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/</guid><comments>http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a></p><p>Most major polls have <a href="https://donate.barackobama.com/page/contribute/imfrontrow?source=sem-reg-google-obamaterms-nsw-x5&amp;gclid=CNXymLGK1JYCFQVxFQod3nso2g">U.S. Sen. Barack Obama, D-Illinois</a>, leading <a href="http://www.johnmccain.com/landing/glc1.htm?sid=google&amp;t=gelac">U.S. Sen. John McCain, R-Arizona</a>, in the contest for U.S. president. And, if the election were held today, instead of on <a href="http://news.aol.com/elections">Tuesday, November 4, Election Day</a>, Obama would register a decisive victory in the all-important electoral college, as well as in the popular vote. </p>
<p>As of late Friday, <a href="http://www.npr.org/news/specials/election2008/2008-election-map.html#/president-nprOvM/">NPR.org's survey of polls</a> had the electoral vote at Obama, 291, McCain 163. Four battleground states are still in play: Ohio, where Obama lead by 5%; Florida, Obama by 3.5%; Indiana, McCain by 1.7%; and Missouri, McCain by about 0.5%. Concerning the national vote, on Friday, <a href="http://www.gallup.com/Home.aspx">Gallup.com's daily tracking poll</a> had Obama leading McCain, 52% to 41%. </p>
<p>Still, as most political aides will tell you, "the only poll that really counts is the one on Election Day, Tuesday, November 4." In other words, polls can err; that's why they have a margin of error, typically +/- 2%.</p>
<p>Polls only recently have become more accurate. Some notable poll mistakes include the <a href="http://en.wikipedia.org/wiki/1980_U.S._Presidential_election">1980 U.S. presidential election</a>, when some polls had incumbent <a href="http://en.wikipedia.org/wiki/Jimmy_Carter">President Jimmy Carter, a Democrat</a> slightly ahead of the challenger, then <a href="http://en.wikipedia.org/wiki/Ronald_Reagan">Gov. Ronald Reagan, a Republican</a>. Reagan, of course won the 1980 election in a landslide.</p>
<p><strong>Pres. Truman had the last laugh on pollers</strong></p>
<p>But the biggest polling error in a presidential election has to be the <a href="http://en.wikipedia.org/wiki/1948_U.S._Presidential_election">1948 election</a> between <a href="http://en.wikipedia.org/wiki/Harry_S._Truman">President Harry S. Truman, a Democrat</a>, and challenger <a href="http://en.wikipedia.org/wiki/Thomas_E._Dewey">Gov. Thomas E. Dewey, a Republican</a>.</p>
<p>The polls predicted that Dewey would win by a large margin. They were wrong: Truman won a decisive victory, 303-189, in the electoral college.</p><p><a href="http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/" rel="bookmark">Continue reading <em>The only poll that really counts is the one on Election Day, Tuesday, November 4</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/">The only poll that really counts is the one on Election Day, Tuesday, November 4</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sat, 01 Nov 2008 12:40:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1359375/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/11/01/the-only-poll-that-really-counts-is-the-one-on-election-day-tue/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2008 election</category><category>Barack Obama</category><category>John McCain</category><category>McCain</category><category>Obama</category><category>polling</category><category>polls</category><category>survey research</category><category>U.S. Presidency</category><category>voters</category><category>voting</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Sat, 01 Nov 2008 12:40:00 EST</pubDate></item><item><title><![CDATA[The 2008 U.S. Presidential race heats up]]></title><link>http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/</guid><comments>http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a></p><img hspace="4" vspace="4" border="1" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2007/09/flag.jpg" />Although it may seem like it's been going on for a long time, the sprint called the U.S. presidential campaign has just started.<br /><br />Maybe you just <em>wish</em> the race was over by now?<br /><br />True, given the near-continual political coverage of the primaries and general election campaign on 24-hour, cable broadcast news networks MSNBC (NYSE: <a href="http://finance.aol.com/quotes/general-electric-company/ge/nys">GE</a>), CNN (NYSE: <a href="http://finance.aol.com/quotes/time-warner-inc/twx/nys">TWX</a>), and Fox News (NYSE: <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">NWS</a>), it probably seems like the campaigns have been going on since the dawn of recorded history. <br /><br />But, really, the political calculus becomes substantive after Labor Day, primarily because the polls are more telling. The summer polls are less-predictive/less-reliable because, in a nutshell, Americans have vacations and summer leisure activities on their minds. <br /><strong><br />The Gallup Poll</strong><br /><br /><a href="http://www.johnmccain.com/">U.S. Senator John McCain, R-Arizona,</a> has pushed ahead of <a href="http://www.barackobama.com/index.php">U.S. Senator Barack Obama, D-Illinois,</a> 49%-44%, in the <a href="http://www.gallup.com/poll/110143/Gallup-Daily-McCain-Maintains-5Point-Lead.aspx">Gallup tracking poll,</a> as of interviews conducted through September 8. There are several, accurate polls one can monitor, but the recommendation here is to follow Gallup, given the organization's strong performance record in survey research. <br /><br />Look for McCain's percentage to fall and Obama's percentage to rise as the 'bounce' that McCain received stemming from the Republican National Convention fades. Almost all candidates get a 'bounce,' or an increase in voter support, coming out of their party's nominating convention. But know also that at least a portion of this bounce typically disappears in a week or two. The conventions are largely four-day advertorials for the candidates and they tend to sway selected voters, but only temporarily. As the convention hype fades, voters look at the candidates more-critically, which accounts for the dip in support.<br /><br />However, if McCain's bounce doesn't disappear before September 26, or if his support continues to increase, then most likely some other factor is at work, boosting the Republican U.S. Senator. And given her newness to the campaign and the national political stage, it's most likely Vice Presidential Nominee Gov. Sarah Palin, R-Alaska. But don't draw any conclusions about Palin yet: let's see what the Gallup Poll looks like in a week or so before forming any conclusions about her impact.<p><a href="http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/" rel="bookmark">Continue reading <em>The 2008 U.S. Presidential race heats up</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/">The 2008 U.S. Presidential race heats up</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 09 Sep 2008 17:45:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1309336/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/09/09/the-2008-u-s-presidential-race-heats-up/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2008 election</category><category>Barack Obama</category><category>battleground states</category><category>Democrats</category><category>electoral college</category><category>electoral votes</category><category>Gallup Poll</category><category>Independents</category><category>John McCain</category><category>McCain</category><category>Obama</category><category>polling</category><category>polls</category><category>presidential debates</category><category>Republicans</category><category>survey research</category><category>U.S. Presidency</category><category>voters</category><category>voting</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Tue, 09 Sep 2008 17:45:00 EST</pubDate></item><item><title><![CDATA[U.S. consumer sentiment remains near 28-year lows on declining home prices, tepid job market]]></title><link>http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/</guid><comments>http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/forecasts/" rel="tag">Forecasts</a>, <a href="http://www.bloggingstocks.com/category/other-issues/" rel="tag">Other Issues</a>, <a href="http://www.bloggingstocks.com/category/bad-news/" rel="tag">Bad News</a></p>U.S. consumer confidence in July remained near 28-year lows, an indication American adults continue to be concerned about rising energy and food prices, job layoffs, and the prospects for a U.S. economic recovery.<br /><br />The<a href="https://customers.reuters.com/community/university/default.aspx?"> Reuters/University of Michigan Surveys of Consumers</a> said its reading of confidence rose just slightly to to 56.6 in July, from 56.4 in June. The index stood at 59.8 in May, 62.8 in April, and 69.5 in March, <a href="http://www.reuters.com/article/companyNewsAndPR/idUSNAT00419820080711">Reuters reported Friday.</a> <br /><br />The July reading was a scant rise and hardly a positive data point for the economy, given that June's reading was the index's lowest since May 1980 -- a period also characterized by high oil/gasoline prices and a sluggish U.S. economy. <br /><br />Economists <a href="http://www.bloomberg.com/markets/ecalendar/index.html">surveyed by Bloomberg News</a> had predicted that the May index would fall to 56.0. <br /><br /><span style="FONT-WEIGHT: bold">Americans 'guarded and concerned' about economy</span><br style="FONT-WEIGHT: bold" /><br />Economist Peter Dawson told BloggingStocks Friday July's consumer sentiment reading did nothing to shift his evaluation regarding the American people's stance toward the U.S. economy. <br /><br />"The public remains guarded and concerned, with little optimism, save for a few, fortunate income and wealth segments. We have the most serious economic downturn in a decade, from the stand point of the typical person or employee. Consumers are seeing gasoline and food prices rise by the week, and they're concerned about job losses," Dawson said. "When you combine job worries with price rises just about everywhere you look, with a housing sector that shows little signs of recovery, and the lower home values that trend implies, it doesn't breed consumer confidence, so it's not surprising the [University of] Michigan survey reading is near its lowest point in decades."<br /><p><a href="http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/" rel="bookmark">Continue reading <em>U.S. consumer sentiment remains near 28-year lows on declining home prices, tepid job market</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/">U.S. consumer sentiment remains near 28-year lows on declining home prices, tepid job market</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 11 Jul 2008 11:34:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1252686/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/07/11/u-s-consumer-sentiment-remains-near-28-year-lows-on-declining-h/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>consumer sentiment</category><category>gdp</category><category>inthenews</category><category>polling</category><category>polls</category><category>Reuters University of Michigan Surveys of Consumers</category><category>U.S. economy</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Fri, 11 Jul 2008 11:34:00 EST</pubDate></item><item><title><![CDATA[Consumer confidence hits 28-year low in June, says U. Michigan survey]]></title><link>http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/</guid><comments>http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/bad-news/" rel="tag">Bad News</a>, <a href="http://www.bloggingstocks.com/category/employees/" rel="tag">Employees</a>, <a href="http://www.bloggingstocks.com/category/federal-reserve/" rel="tag">Federal Reserve</a></p>U.S. consumer confidence in early June plunged to its lowest level in 28 years, an indication American adults are becoming increasingly concerned about rising energy and food prices, job layoffs, and the prospects for a U.S. economic recovery.<br /><br />The <a href="https://customers.reuters.com/community/university/default.aspx">Reuters/University of Michigan Surveys of Consumers</a> said its reading of confidence fell to 56.7 in June from 59.8 in May. <br /><br />It was the index's lowest reading since May 1980 -- a period also characterized by high oil/gasoline prices and a sluggish U.S. economy. <br /><br />Economists <a href="http://www.bloomberg.com/markets/ecalendar/index.html">surveyed by Bloomberg News</a> had predicted that the May index would fall to 59.8. The index stood at 62.8 in April 2008 and 69.5 in March. <br /><br /><strong>U.S. public: jittery</strong><br /><br />Economist Peter Dawson told BloggingStocks Friday, June's consumer sentiment reading shows an American public "with a warranted case of the jitters."<p><a href="http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/" rel="bookmark">Continue reading <em>Consumer confidence hits 28-year low in June, says U. Michigan survey</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/">Consumer confidence hits 28-year low in June, says U. Michigan survey</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 13 Jun 2008 11:56:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1224673/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/06/13/consumer-confidence-hits-28-year-low-in-june-says-u-michigan-s/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>consumer confidence</category><category>food prices</category><category>gdp</category><category>inthenews</category><category>jobs</category><category>oil prices</category><category>polls</category><category>Reuters University of Michigan Surveys of Consumers</category><category>surveys</category><category>U.S. economy</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Fri, 13 Jun 2008 11:56:00 EST</pubDate></item><item><title><![CDATA[Obama closes gap with Clinton; McCain surges over Romney]]></title><link>http://www.bloggingstocks.com/2008/02/03/obama-closes-gap-with-clinton-mccain-surges-over-romney/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/02/03/obama-closes-gap-with-clinton-mccain-surges-over-romney/</guid><comments>http://www.bloggingstocks.com/2008/02/03/obama-closes-gap-with-clinton-mccain-surges-over-romney/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a></p><img alt="" hspace="4" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/02/bobamapic.jpg" align="right" vspace="4" border="1" />As voters prepare for the Super Tuesday primaries, Democrat Barack Obama is closing the gap with Hillary Clinton while GOP front-runner John McCain is surging ahead of Mitt Romney.<br /><br />Obama's performance is remarkable. A Gallup poll shows the Illinois senator trails Clinton 44% To 46%, according to <em><a href="http://online.wsj.com/article/SB120206305479638875.html?mod=hps_us_whats_news">The Wall Street Journal</a></em>.<a href="http://online.wsj.com/article/SB120206305479638875.html?mod=hps_us_whats_news"> (subscription required). </a>On January 20, Clinton had a 20 point lead over Obama. More significantly, Clinton now is in a statistical dead heat with Obama in California, one of the big prizes in Super Tuesday that was once considered a lock for the New York senator.<a href="http://online.wsj.com/article/SB120206305479638875.html?mod=hps_us_whats_news"><br /></a><br />All hope isn't lost for Hillary Clinton. Polling data should be taken with a huge grain of salt at this point in the campaign. Nonetheless, Obama's rising popularity is hard to dispute<a href="http://online.wsj.com/article/SB120206305479638875.html?mod=hps_us_whats_news">. </a><a href="http://www.reuters.com/article/lifestyleMolt/idUSN0147632420080202">The Grateful Dead </a>minus the late Jerry Garcia are reuniting for the first time in four years today for an Obama rally in -- where else -- San Francisco. During the last Democratic debate, Obama and Clinton were asked about whether they would ever join forces. That probably won't happen. For one thing, Clinton needs Obama more than Obama needs Clinton and given the nastiness of the campaign it seems doubtful that one would play second fiddle to the other.<br /><br />As for the Republicans, it's about time to stick a fork in Mitt Romney. Polls show that McCain has a 2-to-1 lead over Romney, proving that all of the money in the world can make voters like you. Once McCain wins the nomination, you can bet that there will be plenty of photo opportunities of him looking fit and vigorous, particularly if Obama is the Democratic candidate.<br /><br />The silly season has only just started.<br /><br /><br /><br /><br /><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/02/03/obama-closes-gap-with-clinton-mccain-surges-over-romney/">Obama closes gap with Clinton; McCain surges over Romney</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sun, 03 Feb 2008 22:39:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB120206305479638875.html?mod=hps_us_whats_news>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/02/03/obama-closes-gap-with-clinton-mccain-surges-over-romney/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1105524/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/02/03/obama-closes-gap-with-clinton-mccain-surges-over-romney/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>barack obama</category><category>BarackObama</category><category>democrats</category><category>hillary clinton</category><category>HillaryClinton</category><category>john mccain</category><category>JohnMccain</category><category>mitt romney</category><category>MittRomney</category><category>polling</category><category>polls</category><category>republicans</category><dc:creator><![CDATA[Jonathan Berr]]></dc:creator><pubDate>Sun, 03 Feb 2008 22:39:00 EST</pubDate></item><item><title><![CDATA[Democrats can solve the recession, polls say]]></title><link>http://www.bloggingstocks.com/2008/01/25/democrats-can-solve-the-recession-polls-say/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/01/25/democrats-can-solve-the-recession-polls-say/</guid><comments>http://www.bloggingstocks.com/2008/01/25/democrats-can-solve-the-recession-polls-say/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/economic-data/" rel="tag">Economic Data</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a>, <a href="http://www.bloggingstocks.com/category/recession/" rel="tag">Recession</a></p><p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/01/stimulus,jpg.jpg" alt="" />Want to know how much the Republicans are the creek in this presidential election? <a href="http://www.bloomberg.com/apps/news?pid=20601070&amp;sid=a820wAJv1eTY&amp;refer=home">A Bloomberg News/Los Angeles Times</a> poll found that voters believe Democrats are better able to handle the economy than President George W. Bush by a margin of 51% to 29%.</p>
Moreover, more than two-thirds respondents said they believed the economy was doing badly, up from 56% in December. More people -- about 80% -- see a recession as likely, up from 71%. <a href="http://online.wsj.com/article/SB120121663246015023.html?mod=hps_us_whats_news">A Wall Street Journal/NBC News </a>poll found similar results.<br /><br />Is it any wonder that President Bush buried the bipartisan hatchet and worked out a fiscal stimulus package?<br /><br />Wouldn't the economy have gotten more of a kick if unemployment insurance was extended?<br /> <br /> That issue will be hotly debated when the bill gets to the Senate. Sen. Max Baucus, the chair of the Senate Tax Committee, told the<em><a href="http://online.wsj.com/article/SB120118687430813489.html?mod=hps_us_whats_news"> Wall Street Journal </a></em>that leaving it out was a "mistake." Let's hope the new spirit of bipartisanship in Washington lasts a little longer.<br /><br />But I wonder whether sending tax rebates -- mine would be about $1,500 -- will really stimulate the economy? Odds are pretty good that my wife and I are going to wind up handing a lot of that money right back to Uncle Sam which isn't very stimulating if you ask me.<br /> <br /><br /><br />
<p> </p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/01/25/democrats-can-solve-the-recession-polls-say/">Democrats can solve the recession, polls say</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 25 Jan 2008 10:15:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.bloomberg.com/apps/news?pid=20601070&amp;sid=a820wAJv1eTY&amp;refer=home>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/01/25/democrats-can-solve-the-recession-polls-say/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1096241/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/01/25/democrats-can-solve-the-recession-polls-say/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>economic stimulus</category><category>EconomicStimulus</category><category>featured</category><category>polls</category><category>president bush</category><category>PresidentBush</category><category>presidential election</category><category>PresidentialElection</category><dc:creator><![CDATA[Jonathan Berr]]></dc:creator><pubDate>Fri, 25 Jan 2008 10:15:00 EST</pubDate></item><item><title><![CDATA[Economy is top issue for voters]]></title><link>http://www.bloggingstocks.com/2007/12/04/economy-is-top-issue-for-voters/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/12/04/economy-is-top-issue-for-voters/</guid><comments>http://www.bloggingstocks.com/2007/12/04/economy-is-top-issue-for-voters/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/economic-data/" rel="tag">Economic Data</a>, <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a></p>Treasury Secretary Henry Paulson could teach Little Orphan Annie a thing or two about optimism.<br /><br />In an interview with the <a href="http://online.wsj.com/article/SB119664222773711179.html"><span style="font-style: italic;">Wall Street Journal</span></a> [subscription required], he again told investors that the sun will come out tomorrow. Heck, in his world the sun continues to shine as bright as ever.<br /><br />"I believe we're going to continue to grow," Treasury Secretary Henry Paulson said in an interview with the paper. "I've always said these credit-market problems weren't going to work themselves out quickly. And the housing-credit market, the price of oil -- these are the risks. But we have a very diverse, healthy economy. "<br /><br />Most voters -- who are scared out out of their wits by a crashing real estate market, rising energy prices and a volatile stock market -- would beg to differ. In fact, 52% of Americans say the economy and health care are the most important issue to them compared with 34% who cite terrorism and moral issues, which is the reverse of the polling before the 2004 election, according to the Journal.<br /><br />Is it any wonder that people are getting worked up into a frenzy over illegal immigration? The average person -- the ones who can't tell a stock from a bond -- are scared to death about the economy. Free market conservatives like Paulson forget that many people don't have as much faith in markets as they do.<br /><br /><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/12/04/economy-is-top-issue-for-voters/">Economy is top issue for voters</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 04 Dec 2007 08:45:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB119664222773711179.html>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/12/04/economy-is-top-issue-for-voters/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1054176/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/12/04/economy-is-top-issue-for-voters/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>economy</category><category>hank paulson</category><category>HankPaulson</category><category>housing market</category><category>HousingMarket</category><category>politics</category><category>polls</category><category>subprime mortgages</category><category>SubprimeMortgages</category><dc:creator><![CDATA[Jonathan Berr]]></dc:creator><pubDate>Tue, 04 Dec 2007 08:45:00 EST</pubDate></item><item><title><![CDATA[Would you vote for Lou Dobbs for president?]]></title><link>http://www.bloggingstocks.com/2007/11/16/would-you-vote-for-lou-dobbs-for-president/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/11/16/would-you-vote-for-lou-dobbs-for-president/</guid><comments>http://www.bloggingstocks.com/2007/11/16/would-you-vote-for-lou-dobbs-for-president/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/television/" rel="tag">Television</a>, <a href="http://www.bloggingstocks.com/category/media-world/" rel="tag">Media World</a>, <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a></p>Sources close to CNN broadcast journalist/commentator Lou Dobbs said he is seriously considering a run for the U.S. presidency in 2008, <a href="http://online.wsj.com/article/SB119515461427494522.html"><em>The Wall Street Journal</em> reported.</a><br /><br />Dobbs, who formerly hosted CNN's <em><a href="http://encyclopedia.thefreedictionary.com/Moneyline+(TV+series)">MoneyLine</a></em> business news show and currently hosts CNN's <em><a href="http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/">Lou Dobbs Tonight</a></em> has seen both his ratings and his name recognition rise after his work's focus turned away from news reporting and anchoring and toward political and economic commentary. <br /><br />Dobbs, an independent, displays an ideology and a political world view that many have characterized as a modified hybrid of <a href="http://en.wikipedia.org/wiki/Ralph_Nader">Ralph Nader</a> and <a href="http://en.wikipedia.org/wiki/Ralph_Nader">Pat Buchanan</a> -- i.e. populism combined with strong views against free trade (or current trade frameworks) and against illegal immigration. <br /><br />Dobbs is a frequent critic of both the Democratic and Republican parties, which he argues don't represent the interests of the typical person or the middle class. His show's website describes him as "an independent populist and the leading media advocate for working men and women, their families, our middle class and the American way of life."<br /><br /><strong>Political Analysis:</strong> Unless there's a tidal wave of discontent in the American electorate not tallied by pollsters, Dobbs, as a third-party candidate or as an Independent, has virtually no chance of being elected president of the United States. Although his name recognition is rising and he has a positive public image, it's highly unlikely Dobbs could assemble the campaign staff and money required to compete effectively against Democratic and Republican parties' nominees. <br /><br />However, this is not to say that Dobbs could not broaden the discourse, i.e. "force the discussion of less-publicized issues" during a debate. Dobbs could accomplish this, but it must be emphasized that making points in a debate is a much easier task than receiving enough votes to win the electoral college vote for U.S. president.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/11/16/would-you-vote-for-lou-dobbs-for-president/">Would you vote for Lou Dobbs for president?</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 16 Nov 2007 14:29:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2007/11/16/would-you-vote-for-lou-dobbs-for-president/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1041890/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/11/16/would-you-vote-for-lou-dobbs-for-president/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>2008 election</category><category>Buchanan</category><category>business news shows</category><category>Cable News Network</category><category>CNN</category><category>commentary</category><category>Democratic Party</category><category>Democrats</category><category>Dobbs</category><category>elections</category><category>free trade</category><category>immigration</category><category>Independents</category><category>Lou Dobbs</category><category>Lou Dobbs Tonight</category><category>middle class</category><category>Nader</category><category>Pat Buchanan</category><category>political commentary</category><category>politics</category><category>polling</category><category>polls</category><category>populism</category><category>presidential election</category><category>Ralph Nader</category><category>Republican Party</category><category>Republicans</category><category>trade</category><category>U.S. politics</category><category>U.S. presidency</category><category>voters</category><category>voting</category><category>working class</category><dc:creator><![CDATA[Joseph Lazzaro]]></dc:creator><pubDate>Fri, 16 Nov 2007 14:29:00 EST</pubDate></item><item><title><![CDATA[Why two-thirds of Americans think we're in a recession]]></title><link>http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/</guid><comments>http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/other-issues/" rel="tag">Other Issues</a>, <a href="http://www.bloggingstocks.com/category/bad-news/" rel="tag">Bad News</a>, <a href="http://www.bloggingstocks.com/category/consumer-experience/" rel="tag">Consumer Experience</a>, <a href="http://www.bloggingstocks.com/category/newspapers/" rel="tag">Newspapers</a>, <a href="http://www.bloggingstocks.com/category/privateequity/" rel="tag">Private Equity</a>, <a href="http://www.bloggingstocks.com/category/rich-in-america/" rel="tag">Rich in America</a>, <a href="http://www.bloggingstocks.com/category/economic-data/" rel="tag">Economic Data</a>, <a href="http://www.bloggingstocks.com/category/politics/" rel="tag">Politics</a>, <a href="http://www.bloggingstocks.com/category/presidential-elections/" rel="tag">Presidential Elections</a>, <a href="http://www.bloggingstocks.com/category/housing/" rel="tag">Housing</a></p><p><em><a href="http://www.reuters.com/article/ousiv/idUSN0225754820070802">Reuters</a></em> reports that two-thirds of Americans think the U.S. is in, or soon will be in, a recession. This despite the recent report from the Commerce Department that GDP grew 3.4% in the second quarter of 2007.</p>
<p>Are two-thirds of Americans just plain stupid? I don't think so. As John Edwards correctly pointed out during his 2004 run, there are two Americas. The first America -- occupied by hedge fund and private equity grandees, investment bankers, and oil executives -- is a wonderful world where it's easy to make hundreds of millions of dollars a year. For those first Americans, this is truly the best of times.</p>
<p>Then there are the second Americans, the other 99.9%. Unlike the First Americans, they have limited ability to influence economic and tax policy. They have been borrowing on their homes and using <a href="http://money.aol.com/creditdebt/cards">credit cards</a> to make up for stagnant wage growth. Meanwhile, their housing, health care, education, and energy bills have been skyrocketing.</p><p><a href="http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/" rel="bookmark">Continue reading <em>Why two-thirds of Americans think we're in a recession</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/">Why two-thirds of Americans think we're in a recession</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 02 Aug 2007 16:15:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.reuters.com/article/ousiv/idUSN0225754820070802>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/956581/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/08/02/why-two-thirds-of-americans-think-were-in-a-recession/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>income inequality</category><category>IncomeInequality</category><category>John Edwards</category><category>JohnEdwards</category><category>polls</category><category>presidential election</category><category>PresidentialElection</category><category>recession</category><dc:creator><![CDATA[Peter Cohan]]></dc:creator><pubDate>Thu, 02 Aug 2007 16:15:00 EST</pubDate></item><item><title><![CDATA[Earnings reports: Go head-to-head against the experts]]></title><link>http://www.bloggingstocks.com/2007/01/20/earnings-reports-go-head-to-head-against-the-experts/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/01/20/earnings-reports-go-head-to-head-against-the-experts/</guid><comments>http://www.bloggingstocks.com/2007/01/20/earnings-reports-go-head-to-head-against-the-experts/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/earnings-reports/" rel="tag">Earnings Reports</a>, <a href="http://www.bloggingstocks.com/category/analyst-reports/" rel="tag">Analyst Reports</a>, <a href="http://www.bloggingstocks.com/category/forecasts/" rel="tag">Forecasts</a>, <a href="http://www.bloggingstocks.com/category/good-news/" rel="tag">Good news</a>, <a href="http://www.bloggingstocks.com/category/bad-news/" rel="tag">Bad News</a>, <a href="http://www.bloggingstocks.com/category/rumors/" rel="tag">Rumors</a></p><p>We at Blogging Stocks are covering more earning reports of our favorite stocks than ever before. And you may have noticed the polls that have started popping up in our earnings previews -- yes, you now have the opportunity to show your stuff. </p>
<p>Before the earnings reports of each of the companies listed below, we'll give you a chance to make your prediction whether they will meet, beat, or fall short of expectations. Take a look at the news and the numbers at the links below, and make up your own mind. But the question is, can you and your fellow Blogging Stocks readers do better than the analysts and market experts? You'll never know unless you cast your votes.</p>
<p>Note: We'll update this post frequently, and point you back here from time to time.</p>
<ul>
    <li><a href="http://intc.bloggingstocks.com/"><strong>Intel</strong> Corp.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/intel-corporation/intc/nas">INTC</a>) reported 1/16. This <a href="http://www.bloggingstocks.com/2007/01/12/intel-has-nowhere-to-go-but-up-after-a-terrible-2006/">poll</a> is closed -- 52% of you agreed with analysts that INTC would beat expectations, and <a href="http://www.bloggingstocks.com/2007/01/17/intel-is-being-squeezed-hard-by-advanced-micro-devices/">it did</a>. </li>
    <li><a href="http://aapl.bloggingstocks.com/"><strong>Apple</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/apple-inc/aapl/nas">AAPL</a>) reported 1/17. This <a href="http://www.bloggingstocks.com/2007/01/16/will-apple-beat-expectations-at-the-upcoming-earnings-call/">poll</a> is closed -- 86% of you agreed with analysts that AAPL would beat expectations, which <a href="http://www.bloggingstocks.com/2007/01/17/apple-incs-q1-2007-earnings-report-liveblog/">it did</a>. </li>
    <li><a href="http://ibm.bloggingstocks.com/"><strong>IBM</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/international-business-machines-corporation/ibm/nys">IBM</a>) reported 1/18. This <a href="http://www.bloggingstocks.com/2007/01/16/ibm-stock-weathers-sec-investigation-at-least-for-now/">poll</a> is closed -- 75% of you thought IBM would beat analysts' expectations, which <a href="http://www.bloggingstocks.com/2007/01/18/ibm-beats-expectations-shares-drop-4-5/">it did</a>. </li>
    <li><a href="http://c.bloggingstocks.com/"><strong>Citigroup</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/citigroup-inc/c/nys">C</a>) reported 1/19. This <a href="http://www.bloggingstocks.com/2007/01/12/will-citigroup-beat-expectations/">poll</a> is closed -- 45% of you agreed with analysts that Citigroup would only meet expectations, but it came in <a href="http://www.bloggingstocks.com/2007/01/19/citi-beats-by-three-pennies/">just ahead</a>. </li>
    <li><a href="http://mot.bloggingstocks.com/"><strong>Motorola</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/motorola-inc/mot/nys">MOT</a>) reported 1/19. This <a href="http://www.bloggingstocks.com/2007/01/16/a-preview-of-motorolas-quarterly-results-this-week/">poll</a> is closed -- 46% of you agreed with analysts that MOT would fall short of expectations, when in fact they <a href="http://www.bloggingstocks.com/2007/01/19/motorolas-latest-quarterly-results-are-up/">met them</a>. </li>
    <li><a href="http://ge.bloggingstocks.com/"><strong>General Electric</strong> Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/general-electric-company/ge/nys">GE</a>) reported 1/19. This <a href="http://www.bloggingstocks.com/2007/01/12/will-ge-announce-a-major-acquisition-in-next-weeks-earnings-rep/">poll</a> is closed -- 59% of you were more optimistic that analysts and though GE would beat expectations, <a href="http://www.bloggingstocks.com/2007/01/19/general-electric-delivers-the-goods/">but it didn't</a>. </li>
    <li><a href="http://pfe.bloggingstocks.com/"><strong>Pfizer</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/pfizer-inc/pfe/nys">PFE</a>) reports 1/22. This <a href="http://www.bloggingstocks.com/2007/01/16/pfizer-cant-get-it-up/">poll</a> is closed -- 42% of you agreed with analysts that PFE would meet expectations, which <a href="http://www.bloggingstocks.com/2007/01/22/pfizer-toughs-it-out/">it did</a>. </li>
    <li><a href="http://amd.bloggingstocks.com/"><strong>Advance Micro Devices</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/advanced-micro-devices-inc/amd/nys">AMD</a>) reported 1/23. This <a href="http://www.bloggingstocks.com/2007/01/16/amd-revenue-to-disappoint-based-on-price-war-with-intel/">poll</a> is closed -- analysts had low expectations, but 42% thought AMD would miss anyway, which <a href="http://www.bloggingstocks.com/2007/01/23/amds-latest-quarterly-earnings-no-surprise/">it did</a>. </li>
    <li><a href="http://sunw.bloggingstocks.com/"><strong>Sun Microsystems</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/sun-microsystems-inc/sunw/nas">SUNW</a>) reported 1/23. This <a href="http://www.bloggingstocks.com/2007/01/22/sun-microsystems-offer-another-upside-surprise-this-quarter-wal/">poll</a> is closed -- a whopping 72% of you agreed with analysts that SUNW would beat expectations, which, no surprise, <a href="http://www.bloggingstocks.com/2007/01/23/sun-microsystems-is-back-in-black-with-major-upside-earnings-sur/">it did</a>. </li>
    <li><a href="http://jnj.bloggingstocks.com/"><strong>Johnson &amp; Johnson</strong></a> (NYSE:<a href="http://finance.aol.com/quotes/johnson-and-johns-dc/jnj/nys">JNJ</a>) reported 1/23. This <a href="http://www.bloggingstocks.com/2007/01/19/can-johnson-and-johnson-beat-and-raise/">poll</a> is closed -- 59% of you agreed with estimates that JNJ would beat expectations, which <a href="http://www.bloggingstocks.com/2007/01/23/johnson-and-johnson-beats-by-a-penny-or-two/">it did</a>. </li>
    <li><a href="http://yhoo.bloggingstocks.com/"><strong>Yahoo</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/yahoo-inc/yhoo/nas">YHOO</a>) reported 1/23. This <a href="http://www.bloggingstocks.com/2007/01/18/a-preview-on-yahoo-s-upcoming-earnings-next-tuesday/">poll</a> is closed -- sorry but 39% of you thought Yahoo would just meet expectations, when in fact it offered an <a href="http://www.bloggingstocks.com/2007/01/23/liveblogging-yahoo-s-latest-quarterly-earnings-report/">upside surprise</a>. </li>
    <li><a href="http://mcd.bloggingstocks.com/"><strong>McDonald's</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/mcdonald-s-corporation/mcd/nys">MCD</a>) reported 1/24. This <a href="http://www.bloggingstocks.com/2007/01/19/will-the-good-times-last-for-mcdonalds/">poll</a> is closed -- 72% of you agreed with analysts and MCD's own forecast that it would beat expectations, which of course <a href="http://www.bloggingstocks.com/2007/01/24/mcdonalds-plans-1-9-billion-expansion/">it did</a>. </li>
    <li><a href="http://ebay.bloggingstocks.com/"><strong>eBay</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/ebay-inc/ebay/nas">EBAY</a>) reported 1/24. This <a href="http://www.bloggingstocks.com/2007/01/22/ebays-q4-earnings-preview-is-the-magic-back/">poll</a> is closed -- another strong showing, 70% of you, for eBay to beat expectations, and <a href="http://www.bloggingstocks.com/2007/01/25/ebays-great-q4-but-whats-next/">it did</a>. </li>
    <li><a href="http://t.bloggingstocks.com/"><strong>AT&amp;T</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/atandt-inc/t/nys">T</a>) reported 1/25. This <a href="http://www.bloggingstocks.com/2007/01/19/another-positive-surprise-coming-from-atandt/">poll</a> is closed -- AT&amp;T <a href="http://www.bloggingstocks.com/2007/01/25/atandt-dials-up-profits/">beat expectations</a> again, as analysts and 72% of believed would happen. </li>
    <li><a href="http://msft.bloggingstocks.com/"><strong>Microsoft</strong> Corp.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/microsoft-corporation/msft/nas">MSFT</a>) reported 1/25. This <a href="http://www.bloggingstocks.com/2007/01/23/microsofts-earnings-wont-be-great/">poll</a> is closed -- a tough call, with 45% of you chosing beat and 40% chosing meet, but <a href="http://www.bloggingstocks.com/2007/01/25/liveblogging-microsofts-q2-quarterly-results/">beat expectations</a> MSFT did. </li>
    <li><a href="http://f.bloggingstocks.com/"><strong>Ford Motor</strong> Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/ford-motor-company/f/nys">F</a>) reported 1/25. This <a href="http://www.bloggingstocks.com/2007/01/19/will-ford-get-in-gear/">poll</a> is closed -- despite low expectations, you were split 35%, 34%, 31% for beat, meet, and miss, respectively, and Ford did <a href="http://www.bloggingstocks.com/2007/01/25/ford-feels-the-pain/">fall short</a>. </li>
    <li><a href="http://ge.bloggingstocks.com/"><strong>General Motors</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/general-motors-corporation/gm/nys">GM</a>) reported 3/14. This <a href="http://www.bloggingstocks.com/2007/01/24/quarterly-earnings-preview-for-general-motors/">poll</a> is closed -- 52% of you thought GM will beat expectations, but after weeks of delays it finally came out that GM <a href="http://www.bloggingstocks.com/2007/03/14/gm-posts-profit-for-latest-quarter-but-its-finance-unit-hurts-r/">missed expectations</a>. </li>
    <li><a href="http://sne.bloggingstocks.com/"><strong>Sony</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/sony-corporation/sne/nys">SNE</a>) reported 1/30. This <a href="http://www.bloggingstocks.com/2007/01/22/will-the-sony-q3-earnings-report-meet-your-expectations/">poll</a> is closed -- 59% of you agreed with analysts that Sony would miss expectations, and despite some good news, it did <a href="http://www.bloggingstocks.com/2007/01/30/sony-steps-from-the-shadow-of-playstation/">fall short</a>. </li>
    <li><a href="http://mrk.bloggingstocks.com/"><strong>Merck</strong> &amp; Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/merck-and-co-inc/mrk/nys">MRK</a>) reported 1/30. This <a href="http://www.bloggingstocks.com/2007/01/25/merck-investors-faith-is-rewarded/">poll</a> is closed -- 68% of you were more optimistic than analysts and voted for beat, but unfortunately Merck's <a href="http://www.bloggingstocks.com/2007/01/31/all-hope-isnt-lost-for-merck/">profits fell</a>. </li>
    <li><a href="http://goog.bloggingstocks.com/"><strong>Google</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/google-inc-cl-a/goog/nas">GOOG</a>) reported 1/31. This <a href="http://www.bloggingstocks.com/2007/01/19/google-growth-slows-and-few-notice/">poll</a> is closed -- Google easily <a href="http://www.bloggingstocks.com/2007/01/31/google-blows-the-doors-off-again/">beat expectations</a>, as 59% of you predicted. </li>
    <li><a href="http://sbux.bloggingstocks.com/"><strong>Starbucks</strong> Corp.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/starbucks-corporation/sbux/nas">SBUX</a>) reported 1/31. This <a href="http://www.bloggingstocks.com/2007/01/25/starbucks-q1-2007-earnings-will-holiday-drinks-lift-the-company/">poll</a> is closed -- 64% of you voted for SBUX to beat expectations, but earnings were <a href="http://www.bloggingstocks.com/2007/01/31/starbucks-q1-2007-results-right-on-the-money/">in line</a> with them. </li>
    <li><a href="http://twx.bloggingstocks.com/"><strong>Time Warner</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/time-warner-inc/twx/nys">TWX</a>) reported 1/31. This <a href="http://www.bloggingstocks.com/2007/01/22/earnings-preview-for-time-warner-upbeat-expectations/">poll</a> is closed -- 73% of you were more optimistic than analysts, but they called it -- TWX earnings <a href="http://www.bloggingstocks.com/2007/01/31/time-warner-earnings-come-in-line-with-most-expectations/">met expectations</a>. </li>
    <li><a href="http://ba.bloggingstocks.com/"><strong>Boeing</strong> Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/the-boeing-company/ba/nys">BA</a>) reported 1/31. This <a href="http://www.bloggingstocks.com/2007/01/25/boeing-takes-off-but-is-a-bumpy-ride-ahead/">poll</a> is closed -- 80% of you looked for Boeing to beat analysts' expectations, and <a href="http://www.bloggingstocks.com/2007/01/31/boeing-takes-off/">it did</a>. </li>
    <li><a href="http://amzn.bloggingstocks.com/"><strong>Amazon.com</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/amazon-com-inc/amzn/nas">AMZN</a>) reported 2/1. This <a href="http://www.bloggingstocks.com/2007/01/25/amazon-gets-second-wind/">poll</a> is closed -- 48% of you looked for Amazon to beat expectations, and <a href="http://www.bloggingstocks.com/2007/02/01/amazon-got-a-visit-from-santa/">it did</a>. </li>
    <li><a href="http://xom.bloggingstocks.com/"><strong>Exxon Mobil</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/exxon-mobil-corporation/xom/nys">XOM</a>) reported 2/1. This <a href="http://www.bloggingstocks.com/2007/01/29/another-barrel-of-profit-for-exxon-mobil/">poll</a> is closed -- only 43% of you thought XOM would beat analysts' expectations, but <a href="http://www.bloggingstocks.com/2007/02/01/exxonmobil-does-it-again/">it did</a>. </li>
    <li><a href="http://csco.bloggingstocks.com/"><strong>Cisco Systems</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/cisco-systems-inc/csco/nas">CSCO</a>) reported 2/6. This <a href="http://www.bloggingstocks.com/2007/02/01/will-cisco-beat-and-raise/">poll</a> is closed -- 80% of you voted that Cisco would beat expectations, and <a href="http://www.bloggingstocks.com/2007/02/07/cisos-results-simply-amazing/">it has</a>. </li>
    <li><a href="http://dis.bloggingstocks.com/"><strong>Walt Disney</strong> Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/the-walt-disney-company/dis/nys">DIS</a>) reported 2/7. This <a href="http://www.bloggingstocks.com/2007/02/02/disney-earnings-wont-be-magical/">poll</a> is closed -- 65% of you thought Disney still had the magic, and indeed it did <a href="http://www.bloggingstocks.com/2007/02/07/walt-disneys-quarter-was-magical-after-all/">beat</a> expectations. </li>
    <li><a href="http://pep.bloggingstocks.com/"><strong>PepsiCo</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/pepsico-inc/pep/nys">PEP</a>) reported 2/8. This <a href="http://www.bloggingstocks.com/2007/01/29/preview-pepsico-earnings-report-should-be-a-quencher/">poll</a> is closed -- the 87% of you who voted for Pepsi to beat expectations were <a href="http://www.bloggingstocks.com/2007/02/08/pepsico-the-choice-of-an-international-generation/">too optimistic</a>. </li>
    <li><a href="http://ko.bloggingstocks.com/"><strong>Coca-Cola</strong> Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/the-coca-cola-company/ko/nys">KO</a>) reported 2/14. This <a href="http://www.bloggingstocks.com/2007/02/08/coca-cola-earnings-still-the-real-thing/">poll</a> is closed -- two-thirds of you thought Coke would beat expectations again, which <a href="http://www.bloggingstocks.com/2007/02/14/live-blogging-coca-cola-earnings-call/">it did</a>. </li>
    <li><a href="http://hd.bloggingstocks.com/"><strong>Home Depot</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/the-home-depot-inc/hd/nys">HD</a>) reported 2/20. This <a href="http://www.bloggingstocks.com/2007/02/15/maybe-they-should-call-it-home-shlepo/">poll</a> is closed -- 57% of you expected HD to fall short, but it <a href="http://www.bloggingstocks.com/2007/02/20/home-depots-earnings-were-as-bad-as-expected/">met</a> analysts expectations. </li>
    <li><a href="http://wmt.bloggingstocks.com/"><strong>Wal-Mart Stores</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/wal-mart-stores-inc/wmt/nys">WMT</a>) reported 2/20 -- Wal-Mart comes out <a href="http://www.bloggingstocks.com/2007/02/20/liveblogging-wal-marts-q4-earnings-results/">ahead</a> of analysts' expectations. </li>
    <li><a href="http://hpq.bloggingstocks.com/"><strong>Hewlett-Packard</strong> Co.</a> (NYSE:<a href="http://finance.aol.com/quotes/hewlett-packard-company/hpq/nys">HPQ</a>) reported 2/20 -- HPQ managed to <a href="http://hpq.bloggingstocks.com/2007/02/20/liveblogging-hewlett-packards-q1-financial-results/">beat</a> analysts' expectations. </li>
    <li><a href="http://wfmi.bloggingstocks.com/"><strong>Whole Foods Market</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/whole-foods-market-inc/wfmi/nas">WFMI</a>) reported 2/21. This <a href="http://www.bloggingstocks.com/2007/02/09/can-whole-foods-meet-expectations/">poll</a> is closed -- 58% of you expected WFMI to exceed expectations, but it <a href="http://www.bloggingstocks.com/2007/02/21/earnings-hungry-whole-foods-misses-by-3-cents-devours-wild-oats/">fell short</a>. </li>
    <li><a href="http://xmsr.bloggingstocks.com/"><strong>XM Satellite Radio</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/xm-satellite-radio-holdings-inc/xmsr/nas">XMSR</a>) reported 2/26. This <a href="http://www.bloggingstocks.com/2007/02/08/xm-satellite-radio-s-earnings-forecasts-are-all-over-the-map/">poll</a> is closed -- 57% of you thought XM would fall short of the consensus, but it squeaked out <a href="http://www.bloggingstocks.com/2007/02/26/misgivings-accompany-xm-satellite-q4-report/">ahead</a>. </li>
    <li><a href="http://siri.bloggingstocks.com/"><strong>Sirius Satellite Radio</strong> Inc.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/sirius-satellite-radio-inc/siri/nas">SIRI)</a> reported 2/27. This <a href="http://www.bloggingstocks.com/2007/02/26/earnings-preview-for-sirius-radios-q4-fy2006-earnings/">poll</a> is closed -- 61% of you predicted Sirius would beat expectations, but results were <a href="http://www.bloggingstocks.com/2007/02/27/liveblogging-sirius-radios-q4-and-fy2006-earnings-results/">in line</a> with them. </li>
    <li><a href="http://tgt.bloggingstocks.com/"><strong>Target</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/target-corporation/tgt/nys">TGT</a>) reported 2/27. This <a href="http://www.bloggingstocks.com/2007/02/26/earnings-preview-for-targets-q4-fy2006-results/">poll</a> is closed -- 67% of you voted for Target to beat expectations, which <a href="http://www.bloggingstocks.com/2007/02/27/timing-is-everything-just-ask-target/">it did</a>. </li>
    <li><a href="http://dell.bloggingstocks.com/"><strong>Dell Inc.</strong></a> (NASDAQ:<a href="http://finance.aol.com/quotes/dell-inc/dell/nas">DELL</a>) reported 3/1. This <a href="http://www.bloggingstocks.com/2007/02/28/earnings-preview-for-dells-q4-results/">poll </a>is closed -- you were split on whether Dell would meet or miss expectations, but <a href="http://dell.bloggingstocks.com/2007/03/01/dells-q4-earnings-results-not-good/">miss</a> it did. </li>
    <li><a href="http://via.bloggingstocks.com/"><strong>Viacom</strong> Inc.</a> (NYSE:<a href="http://finance.aol.com/quotes/viacom-inc-a-new/via/nys">VIA</a>) reported 3/1. This <a href="http://www.bloggingstocks.com/2007/02/15/the-picture-is-getting-clearer-at-viacom/">poll</a> is closed -- 41% of you thought VIA would disappoint, but it <a href="http://www.bloggingstocks.com/2007/03/02/viacom-wont-feel-much-like-partying-at-the-upfronts/">beat</a> analysts' expectations. </li>
    <li><strong>Berkshire Hathaway</strong> (NYSE:<a href="http://finance.aol.com/quotes/berkshire-hathaway-de-cl-a/brk.a/nys">BRK.A</a>) reported 3/1. This <a href="http://www.bloggingstocks.com/2007/02/01/berkshire-hathaway-earnings-who-knows/">poll</a> is closed -- 62% of you expected BRK to beat expectations, which <a href="http://www.bloggingstocks.com/2007/03/04/warren-buffett-tylenol-and-pepcid-ac/">it easily did</a>. </li>
    <li><a href="http://orcl.bloggingstocks.com/"><strong>Oracle</strong> Corp.</a> (NASDAQ:<a href="http://finance.aol.com/quotes/oracle-corporation/orcl/nas">ORCL</a>) reported 3/20. This <a href="http://www.bloggingstocks.com/2007/03/07/crystal-ball-is-murky-on-oracle-s-q3-earnings/">poll</a> is closed -- 58% of you expected Oracle to beat expectations, and <a href="http://www.bloggingstocks.com/2007/03/21/oracle-surprises-to-the-upside-return-to-glory-and-growth-day/">it did</a>. </li>
    <li><a href="http://fdx.bloggingstocks.com/"><strong>FedEx</strong> Corp.</a> (NYSE:<a href="http://finance.aol.com/quotes/fedex-corporation/fdx/nys">FDX</a>) reported 3/21. This <a href="http://www.bloggingstocks.com/2007/03/07/a-trivial-look-at-fedex-ahead-of-its-q3-earnings-release/">poll</a> is closed -- 48% of you expected FedEx to beat expectations, but it <a href="http://www.bloggingstocks.com/2007/03/21/fedexs-decline-isnt-suprising/">fell short</a>. </li>
</ul>
<p><br /></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/01/20/earnings-reports-go-head-to-head-against-the-experts/">Earnings reports: Go head-to-head against the experts</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sat, 20 Jan 2007 11:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2007/01/20/earnings-reports-go-head-to-head-against-the-experts/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/738047/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/01/20/earnings-reports-go-head-to-head-against-the-experts/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Amazon</category><category>AMD</category><category>analysts</category><category>Apple</category><category>Berkshire Hathaway</category><category>Boeing</category><category>Cisco</category><category>Citigroup</category><category>Coca-Cola</category><category>Dell</category><category>Disney</category><category>earnings</category><category>earnings reports</category><category>eBay</category><category>expectations</category><category>Exxon Mobil</category><category>FedEx</category><category>Ford</category><category>GE</category><category>GM</category><category>Google</category><category>Home Depot</category><category>HP</category><category>IBM</category><category>Intel</category><category>Johnson</category><category>McDonald's</category><category>Merck</category><category>Microsoft</category><category>Motorola</category><category>Oracle</category><category>Pepsico</category><category>Pfizer</category><category>polls</category><category>Sirius</category><category>Sony</category><category>Starbucks</category><category>Sun Microsystems</category><category>SunMicrosystems</category><category>Target</category><category>Viacom</category><category>Wal-Mart</category><category>Whole Foods</category><category>XM</category><category>Yahoo</category><dc:creator><![CDATA[Trey Thoelcke]]></dc:creator><pubDate>Sat, 20 Jan 2007 11:30:00 EST</pubDate></item><item><title><![CDATA[The October Surprise: Poll news may be more important than Fed news]]></title><link>http://www.bloggingstocks.com/2006/10/24/the-october-surprise-poll-news-may-be-more-important-than-fed-n/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2006/10/24/the-october-surprise-poll-news-may-be-more-important-than-fed-n/</guid><comments>http://www.bloggingstocks.com/2006/10/24/the-october-surprise-poll-news-may-be-more-important-than-fed-n/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/major-movement/" rel="tag">Major Movement</a>, <a href="http://www.bloggingstocks.com/category/international-markets/" rel="tag">International Markets</a>, <a href="http://www.bloggingstocks.com/category/newspapers/" rel="tag">Newspapers</a>, <a href="http://www.bloggingstocks.com/category/marketmatters/" rel="tag">Market Matters</a></p><p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">Everyone is focused on the results of the Fed meeting which will be released Wednesday. My forecast, along with that of most others, is that the Fed will leave rates unchanged. I also believe that Fed language will emphasize a continuing focus on core inflation, leaving open the possibility of a rate increase but nothing more. This will be, in effect, a continuation of the status quo. No news, just more noise.
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">However, the real action may be where no one seems to be looking -- the polls for the upcoming Congressional election. Everyone in the mainstream media is forecasting a massive defeat for the Republicans, possibly in both houses of Congress similar to what happened to the Democrats in 1994.
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">Gridlock in history has been considered to be good for the equity markets because it restrains the extremes of both parties. In 1994, the Republican takeover of Congress forced Bill Clinton to the center and began the prosperity of the 1990's. However, this time things may be different.
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">A massive Democratic majority in the House along with a smaller one in the Senate could create the worst of both worlds. Democrats firmly in control would attempt huge social spending to reward their base and prepare for the 2008 elections. Republicans would respond with spending bills and tax cuts to satisfy their constituencies. Unlike earlier Republican Heads of State, President Bush's focus has been on winning elections instead of balancing the budget. Fiscal responsibility would become a secondary priority for both parties adding to inflationary pressures and possibly causing the Fed to adopt a more hawkish tone.
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">Much of this depends upon whether the Republican base stays home on Election Day. If it does, the above scenario becomes likely. However, this is by no means certain. Editorials by <a href="http://www.nypost.com/seven/10242006/postopinion/opedcolumnists/battling_predictions_opedcolumnists_john_podhoretz.htm">John Podhoretz</a> and <a href="http://www.nypost.com/seven/10242006/postopinion/opedcolumnists/06_elex__back_to_toss_up_opedcolumnists_dick_morris__eileen_mc_gann.htm">Dick Morris</a> cite data from Pollster Mark Rasmussen that shows that the Republican base may be more scared of the Democratic leadership than disgusted by a Republican Congress. If this is true, Republican losses may be less than anticipated.
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">A Republican loss of the House while retaining control of the Senate would result in the gridlock scenario favorable for the equity markets. Even if one party gains control of both branches of Congress, it will be by very slim majorities. No one would be able to accomplish much with the extremes of both parties being restrained from fiscal spending to pacify their respective bases. This would allow the slowing economic scenario desired by the Fed to unfold, with no need to raise rates.
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<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial">As Election Day approaches, it may be the voters who determine what the Fed will do.
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<span style="FONT-SIZE: 9pt; FONT-FAMILY: Arial"><em>Doug Roberts is the Founder and Chief Investment Strategist for </em><a href="http://www.followthefed.com/"><em>FollowtheFed.com</em></a><em>, an independent research firm focusing on investment strategies using the Federal Reserve's impact on the stock prices. He previously held executive positions at Morgan Stanley Group and Sanford C. Bernstein &amp; Co.</em>
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<p> </p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2006/10/24/the-october-surprise-poll-news-may-be-more-important-than-fed-n/">The October Surprise: Poll news may be more important than Fed news</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 24 Oct 2006 15:58:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2006/10/24/the-october-surprise-poll-news-may-be-more-important-than-fed-n/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/690197/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2006/10/24/the-october-surprise-poll-news-may-be-more-important-than-fed-n/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>elections</category><category>Federal Reserve</category><category>FederalReserve</category><category>November</category><category>polls</category><dc:creator><![CDATA[Douglas S. Roberts]]></dc:creator><pubDate>Tue, 24 Oct 2006 15:58:00 EST</pubDate></item></channel></rss>
