Monday, February 18, 2008

Kudlow on the Stock Market

So, according to Lawrence Kudlow, not only can the stock market predict the success of US policy in Iraq, it might have an opinion on the results of the presidential primaries. I guess that latter claim is a bit more plausible, although given that the various candidates have shifted in position since Iowa (which Kudlow cites as an example), it's not clear which candidate the stock market supposedly likes.


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