Doug Henwood Talks

Yoshie Furuhashi wrote:

Also, this is precisely the moment when Bush began to climb back out of the hole.

Don’t forget that gas prices are a 70 cents off their September peaks. The correlation coefficient for the monthly average of gas prices and the Gallup Bush approval rating since Jan 01 is -0.81.

Gas prices have been rising for the last few weeks; look for Bush approval to stall or even reverse.

Doug

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