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Robert Prechter joined Yahoo! Finance Breakout host Jeff Macke on June 28, 2012 to talk about the stock market and President Obama’s re-election bid. In the interview below, Prechter says that both the markets and presidential re-election bids are driven by how people feel. He explains, “Social mood is behind both of these, it changes people’s perceptions of how the president is doing, and it also changes traders’ decisions about whether to buy or sell.”
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