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McClellan compared major U.S. indexes and polls fromRealClearPolitics, and found that the two move in lockstep. He started comparing them in the 2000 election, and found that numbers become accurate when daily polling begins closer to November.
Former Secretary of State Hillary Clinton became the presumptive Democratic presidential nominee Tuesday night. McClellan pointed to the corresponding Dow Jones industrial average, which has moved higher in the past two weeks as Clinton gained ground.
“If the market moves up, that tends to benefit the incumbent in the last elections,” McClellan said, adding that Clinton, the way the model works, is being viewed by the market as the incumbent.”
http://www.cnbc.com/2016/06/08/who-will-be-the-next-us-president-ask-the-stock-market.html
Comment: Im sure the action in the market is just a fluke and has nothing to do with the Fed being told to prop it up. OK, Im pretty sure. Well, mostly so anyways. Sorta.