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This will have little impact on the Presidential race. Any rise in the stock market will not be due to rational stock valuations, therefore it won't last 3 1/2 quarters. The one thing that will determine whether or not President Bush is reelected is the state of the economy in the next two quarters. There needs to be sustained growth of over 3.5% in each of these quarters, and job creation must begin in the second quarter. If this happens, then the election is over and President Bush is reelected.
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