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Obama won by 23 points. you have two different products on the shelf. people have to pick what they need more of. right now it is the economy, jobs and secondarily, taxes. >>neil: a nap shot in ohio if it trends this way now and showing that romney has the momentum, historically does that work two weeks before the election? >>guest: anything can happen. we know the undecided 2-1 against the incumbent and mitt romney is winning by three points write people would plan to vote and president obama leads by 13 points among people who have cast ballots. when you mix it all up you have 47 percent and...

To a halt more which, again, leads to the question, why is mitt romney losing? >> well, it is. the only real certainty is the fiscal cliff is not going to get decided before the election. one of the ironies is that for all this bad news if you look at consumer confidence, it actually shot up in the last few days since the democratic convention. >> right. >> so there's this weird thing going on where, you know, confidence is kind of defying the economic fundamentals in a way that helps the president. >> people are tired of feeling bad. they want to feel better. i'm struck by the fact that if we...

Mr. romney's aids said in their view that the polls are not an accurate judge and anything that happens prior to labor day is too easily ignored by american electorate. with the kids out of school. having said that they note those polls were snap shot in time and not the daily tracking polls like gall up and rasmussen which has a narrow margin. and they make the point when the running mate is announce ready to go to the republican national convention. they will combine for a 11 point bounce. it is rare that a campaign would put a number. and they expect to get a wave of momentum to put them in...

it is $5.8 billion and counting. that's how much the nation's biggest bank said it lost so far from a complex trading scheme that was supposed to hedge against risk. the updated figures came in as the ceo jamie dimon personally briefed analysts on second quarter earnings which still managed to beat expectations. team coverage this morning, alison kosik live at the new york stock exchange to explain how this could impact all of our wallets. let's start with felicia taylor. you're at jpmorgan chase headquarters in new york. we have a healthy bank, o do we have a healthy bank i guess ju...

Time in wisconsin and that narrow margin is what has made people think it is possible here for the republicans to see a resurgence. doesn't guarantee anything because the state is divided he polarized over the walker thing. a lot of money has come in from people like the coke brothers. i'm not sure that is going to be present in the fall. but the base, the republican base in wisconsin is going to feel like wow, we are superman, we saved the day. >> chris: let's put up a poll that shows the presidential race because as we said walker is leading by 7 points but we got a poll at the same time tha...