Whether President Barack Obama will win re-election this year may be foreseen by the stock market, according to Sam Stovall of Standard & Poor’s.
The Standard & Poor’s 500 Index took longer than usual to fall 5 percent from its peak this year, a sign that any further retreat in U.S. stocks will be “contained,” according to Sam Stovall of S&P.
"If it is truly a pullback, the S&P 500 will get back to breakeven in fewer than two months."
- Sam Stovall on Oct 27, 2014
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