Powder Blue Report

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Thursday, July 22, 2004

A bunch of new polls out

I won't go over all of them, but suffice to say, the Edwards VP selection bounce has all but disappeared according to Real Clear Politics cumulative poll average. This is not good news for the Kerry campaign. They should be up by at least six or seven points right now. They probably will get their other bounce when their convention is over next week. To add insult to injury, Bush is still winning in the futures market too,albeit by a very slim margin. You also had Alan Greenspan telling Congress this week that the recovery is not weak and it is in fact very robust, so much so that he warned that the Fed would aggressively raise rates to combat inflation should it occur. In the end, the economy will once again be the deciding factor in the race assuming that a catastophic event doesn't take place between now and the election.

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