obama. best president ever for the market.

Discussion in 'Politics' started by Free Thinker, Jan 1, 2011.

  1. http://www.ritholtz.com/blog/2011/01/if-this-is-socialism-call-me-comrade/

    By Guest Author - January 1st, 2011, 7:40AM Global Macro Monitor produces informed opinion about markets and the global economy. This was originally published on December 31, 2010

    No politics or partisanship here, “just the facts ma’am”. The stock market as measured by the S&P500 is up just about 50 percent since President Obama’s inauguration to today’s close. Only Eisenhowser comes close, but not even in the same zip code. A 50 percent stock move does a lot “spreading the wealth around” and Joe the Plumber’s pension is in much better shape today than it was in November 2008!

    Sure, sure, there are a ton of reasons to explain the differences, but this is politics folks! A CapEX spending led economic acceleration and pick-up in hiring in 2011, which usually follows such a strong equity performance, will make the President look unbeatable same time next year, in our opinion. Stay tuned.
  2. iprph90


    sometimes fate walks through the door......and i say hello!
  3. This 'socialist' president turned out to be more of a capitalist than the last five republican presidents combined.
  4. i wonder how the market would be doing if john mcbush and caribu barbie had been elected?
  5. our new amerika.......thanks barry s and crew!!!

    "Entire American middle class will fall under the poverty line in five years"


    [ The journalist quoted a Democratic Party economic advisor as saying that the US commercial real estate will witness a huge collapse in the near future.

    “When we see the commercial real estate market collapse, it is going to make the residential real estate market pale, in comparison with that collapse, and this promise is just going to keep compounding,” ]
  6. iprph90


    cause and effect will always be debated.
    #10     Jan 1, 2011