Thursday, January 28, 2010


Not many things render me speechless, so count the speech of President Obama last night as a rare occurrence. I'm sure it won't last for long I'll absorb first however today's market reaction; and the World's view, of which I can only guess two. Either total dismissal of our President as a statesman, in other words he'll be viewed as ineffective therefore inconsequential from here forward, or he'll be viewed as an anomaly in the world of USA governments and tolerated for his eccentricities allowing for a possible further embrace of his views and agenda.

Although the markets will have an immediate reaction, for Thursday, it has to be coupled with the Fed's announcement and other possible news and profits projections or damages looking forward. It is interesting times we live in, indeed, it's feels somewhat "Chaplinesque."

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