Friday, May 11, 2012

Investors favoring Obama

Global investors and the U.S. website show President Obama holding double-digit leads that he'll win re-election.

The Bloomberg Global Poll asked clients worldwide who would be a better leader for the global economy and they favor Obama 49 percent to 38 percent for Mitt Romney.

The odds at of Obama winning have held steady for awhile now. Obama trades at near 60 dollars a share while Mitt hovers in the mid-to-upper 30s.

The aggregate of national polls at Real Clear Politics show Obama with just a one-point advantage.

Of course, national polls are largely irrelevant. It appears, once again, that Ohio, where Obama holds a slim lead, will decide the whole contest.

In the electoral count, RCP projects Obama at 253 to Mitt's 170.

Should Obama win Ohio's 18 electoral votes, he would surpass the 270 benchmark needed for re-election, given RCP's reading of state poll averages.

Still, it's a long way to November. The numbers are fluid. Mitt could flip-flop his way to a lead.

Or, Obama could pull away.

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