Hubdub Hot Predictions This Week
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.
Business
Although optimism still surrounds the new President, that optimism hasn’t reached the financial markets. In fact it seems the opposite is happening. Within the first 100 days Hubdub forecasts there’s a above 50% chance that the DJIA will have a one-day drop of 6%. Which at current measures would be a drop of 480 points in a day!
Politics
This week with the new Stimulus package hitting the Senate floor, and the markets still in disarray, the Presidents path is fraught with danger. Despite the danger though Hubdub forecasts Obama has a 43% chance of retaining a 66% - 67% approval rating next Monday.
Entertainment
The 51st Grammy Awards will be on Feb. 8 in Los Angeles. The biggest award of the night is certain to be song of the year. Coldplay with Viva La Vida are trading as the main favorites with a 63% chance, trading second is American Boy from Estelle Feat and Kanye West trading at 17%.
The British Academy of Film and Television Arts Awards or simply the BAFTA’s are also being announced on February 8th. With the Oscars coming up the BAFTA’s should be a sign of things to come. Sean Penn is in the lead for Best Actor in both the Oscar’s and the BAFTA’s with an above 65% chance.
World
The new Pope has had a tough time convincing critics he’s all for religious equality. First he caused outrage with Muslims and now the pardoning of a Holocaust denying bishop has got the Jewish community in a uproar. How does Hubdub forecast the Pope will deal with the situation? Silence is golden…
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.