Friday, July 6, 2007

Presidential (Un)Popularity and the Electronic Futures Markets

President George W. Bush's approval rating has been under 40% for quite some time now. This is not a good sign for Bush or for the Republican's in the next election. However, if you look at all the Presidents since Truman, each one -- with the notable exception of Dwight Eisenhower -- has spent at least part of their term with a rating near 40%. The one thing that is interesting about W however is the fact that since 9/11 he has been on a very steady downward slide. Thank you to the Wall Street Journal for the interesting analysis. (Hat Tip: Barry Ritholtz) Click the photo to enlarge.So who is lining up to replace W? For the Donkeys Hillary Clinton and Barack Obama are in a dead heat on InTrade, the political futures trading website:

For the Elephants it looks like Rudy Giuliani and late entrant Fred Thompson are racing neck in neck:

Posted by The La Jolla Guy at 2:11 PM

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