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Hubdub Hot Predictions This Week

March 30th, 2009

Hubdub’s Hot Predictions this week, as decided by Hubdub users and staff, are selected based on their newsworthiness for the week. These stories are bound to be big news this week - and we have forecasts on how they’re likely to turn out.

Politics
At Hubdub we do like predicting the outcomes of polls. So it’s no surprise that a market on the Real Clear Politics Polling Average for Obama’s approval rating is getting some action. The outcome of the G20 Summit this week is sure to affect Obama’s polling numbers, currently at 61%. Hubdub forecasts by weeks end Obama’s RCP polling is over 60.5%

World
North Korea always loves being the center of attention, and now they plan to launch a ballistic missile loaded with a communications satellite, but is it actually a communications satellite? Japan has doubts and has threatened to shoot it down. According to Hubdub a Japanese shoot down is unlikely, with only a 8% chance it happens.

Business
The US unemployment rate for February was 8.1%, the highest since 1983. The upwards trend isn’t forecast to stop anytime soon either. For March Hubdubbers predict the US unemployment rate will certainly trump 8.1%. How bad will it be? The most likely rate for March is 8.5%.

Sports
We’re finally down to the final four of March Madness this week. The most anticipated game is going to be the University of Connecticut Huskies (31-4) going up against the Michigan State Spartans (29-6). From the Hubdub market it certainly looks as if the Huskies are the front runners, with a 66% chance of defeating the Spartans.

Technology

The Conficker worm is set to get a major update on April 1st. The virus has infected thousands upon thousands of corporate networks all over the world, but it hasn’t yet been activated. Whatever happens on April fools day, the designer or designers of the Conficker worm are being hunted. Will they ever get caught? For 2009 it seems unlikely.

Trading percentages given are at time of posting and may not match up with markets after the fact due to Hubdub users forecasting on said markets.

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