What Companies Will Benefit from Obama's Vision? [View article]
This is another analytical nonsense. I doubt that President Obama will be able to radically change the course of the U.S economy within the first two to three years. The most important economic catalysts in place are 700 billion dollarsTARP which will provide 5 trillion dollars of stimulus to broad sectors once fully implemented -and of course the monetary rate implosion( now global) . Allowing for some monetary /fiscal lag,the U.S economy is heading for a major rebound that will be undisputable by mid 2009. For all of the financial sector paranoia,this is the sector that likely will lead the rally as it is the focus of the TARPand monetary "remedies". President Obama ,a very charismatic and dynamic individual ,will likely get credit for events initiated by the current administration ,FED ,the Treasury and the Congress. Remember ,there is nothing to fear but the fear itself. We have identified the issues and are addressing them aggressively ,effectively and globally.
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This is another analytical nonsense.
Nov 07 07:35 am
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All Comments by gabe borenstein »What Companies Will Benefit from Obama's Vision? [View article]
I doubt that President Obama will be able to radically change the course of the U.S economy within the first two to three years.
The most important economic catalysts in place are 700 billion dollarsTARP which will provide 5 trillion dollars of stimulus to broad sectors once fully implemented -and of course the monetary rate implosion( now global) .
Allowing for some monetary /fiscal lag,the U.S economy is heading for a major rebound that will be undisputable by mid 2009.
For all of the financial sector paranoia,this is the sector that likely will lead the rally as it is the focus of the TARPand monetary "remedies".
President Obama ,a very charismatic and dynamic individual ,will likely get credit for events initiated by the current administration ,FED ,the Treasury and the Congress.
Remember ,there is nothing to fear but the fear itself.
We have identified the issues and are addressing them aggressively ,effectively and globally.