06 « November « 2008 « Investment Postcards from Cape Town

Navigating OBAMArkets

By Prieur du Plessis, on November 6th, 2008 posted in: Investment, Markets, Money

3 people had their say - chime in!

Print This Post

The stock market yesterday did not offer President-elect Barack Obama as warm a welcome as he would have liked. But the stock market’s decline should not be ascribed to the election of Mr Obama, but rather to investors focusing anew on the dismal economic situation the new President will be inheriting. [...]

Sorry Obama, Wall Street doesn’t care

By Prieur du Plessis, on November 6th, 2008 posted in: Guest Bloggers, Investment, Markets, Money

One comment so far

Print This Post

“The financial services industry’s recent collapse has turned to a smoking ruin the US’s already burnt balance sheet, putting President Obama square into fire-fighting with a straw and no money for water. Wall Street has neatly managed to half-way marginalize President Obama, even if it had to gut itself and the economy to do it,” said guest contributor Paul Kedrosky. [...]

More on this topic (What's this?)

Five Things Obama Didn't Want You to Hear in His State of the Union (Money Morning, 1/25/12)

President Obama’s Favorite Chart (Wall Street Daily, 1/13/12)

State of the Union Excerpts Outline Speech Focused on Income Inequality, Job Creation (Money Morning, 1/24/12)

Read more on Obama's Presidential Policy at Wikinvest

ECRI Leading Indicator: Turning for the better?
The latest smoothed annualized growth rate of the ECRI Weekly Leading Indicator in the week ended 22 January improved from… »
Roach on U.S. economy, Fed policy, China, Europe
Stephen Roach, non-executive chairman of Morgan Stanley Asia, discusses the U.S. economy, Federal Reserve monetary policy,… »
Prieur’s Readings (Jan 30, 2012)
As part of my daily routine, I publish all my reading (including snippets from other well-known commentators) in an Internet… »
How best to play the China story
Helen Zhu, chief China equity strategist of Goldman Sachs, believes the mainland will see policy normalization in 2012. In… »
European choices
The article below is a guest contribution by Cees Bruggemans, Chief Economist of First National Bank. Last week, the Euro area… »