Not much to say here. Hopefully, for the bulls' sake, the Obama reelection odds (which really are Bernanke, and thus QEternity, termination odds) are not a leading indicator to the market. Either that, or the recent spike in Obama's ratings was merely a bubble which got preemptively popped even without 5 consecutive CME margin hikes on the Obama InTrade contract.
Via John Lohman

