I was sent this with the heading, “Will Jim Cramer’s body be found in an alley?”
You almost have to wonder. (more…)
Aug
29
2009
29
2009
Gallup mutters about relationship between Dow, approval ratings.
Clearly in reference to Jim Cramer’s I’ve-been-saving-this-for-months revenge clip* of a few days ago, the Gallup organization would like you to know that there’s no historical relationship between a President’s approval rating and the Dow Jones Industrial Average.
Mind you, that wasn’t the argument that got made – Cramer was arguing that this specific President’s disapproval ratings (via Gallup!) were being reflected in the S&P 500 going up – but nonetheless, Gallup felt the need to do that analysis.
Well. Thanks for letting us know.
Moe Lane
PS: Yes, I see the large holes in Cramer’s theory. So does Cramer, probably. It’s still funny that Gallup felt the need to do some repair work here. Clumsily. (more…)
, and is (to the best to my knowledge) in the public domain.