The DC Herd Jumps on “Newt Has Peaked” Bandwagon
One benefit of my office setup — some say a liability that perpetuates a narrow Beltway perspective — is that i watch MSNBC, Fox News, CNN and CNBC throughout the course of the business day.
One benefit is sensing shift in narratives and storylines — much like ‘watching the tape’ as they use to say on Wall Street, when intuitive brokers could sense a broader market move just by watching the action in real time.
Today marked a clear turning point in Newt Gingrich’s fortunes if one goes by the metric of cable spin. All day long, Newt’s Intrade collapse and several IA tracking polls have prompted a rush by the DC class to proclaim he has peaked.
While I personally believe this to be true based simply on my own intuition, the one reality is this: Newt is being hammered with a barrage of tough advertising from Ron Paul and the Romney Super Pac, and has decided to let the negative ads go unanswered.
Bottom line: this is a fatal strategy, and Gingrich may now lose Iowa to Paul or perhaps even Romney acheter viagra avis. Newt must win Iowa to meet expectations — but that is now very much in doubt.