Green Energy
Obama's 'Dead Cat Bounce'?
Wall Street has a term for a stock hitting bottom then momentarily rallying. It's called the 'Dead Cat Bounce'.
Floyd Brown wrote of it last month.
For months, Democrats have justified Obama’s unpopular policies with his personal popularity in the polls. Even when Americans expressed personal disgust with Obamacare, they still said they liked Obama himself.
But consider those days officially over…
Obama’s situation is what pollsters call a “dead-cat bounce,” a term used on Wall Street to describe a stock in decline that has a momentary reversal.
In essence, “even a dead cat will bounce if it falls from a great height,” and Barack Obama started his presidency in the stratosphere.
And despite his declining popularity, he did experience a momentary improvement in the polls when he ordered the Navy and Air Force to begin bombing Iraq and Syria in his feckless campaign against ISIS.
But that didn’t last very long. When results showed his efforts to be ineffective, his numbers sunk again.
It seems as though all of the president’s failed policies are catching up with him, and both Democrats and Republicans are ready to kick him out of office. They, too, are learning that all of his promises and charisma mean nothing now that America is in ruins.
In hindsight, maybe Barack Obama shouldn’t have bragged so much about his high standings in the polls. The reason the cat bounces is because it’s dead (just like America’s hope in Obama).
Now the question is, even after Shellacking 2.0, will he get any kind of bump in his popularity now that it seems he will not change his arrogant ways?
Will his 'Dead Cat Bounce?'
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