A Sad Display
Posted on Monday, February 9th, 2009 | In Politics & Your MoneyPresident Obama’s agenda seems to have taken a hit on one of his first initiatives: the stimulus package. Failure to pass this bill quickly indicates several things to the keen observer.
1. The hope for astounding bi-partisanship and cooperation in Washington seems far-fetched.
2. The fact that Obama is using the ‘politics of fear‘ that he campaigned against indicates a degree of desperation.
3. The public has lower approval of the stimulus package than one might expect during a honeymoon period.
4. Obama won’t be able to address other financial issues – the kind that pertain to the investor – for some time yet.
This legislative battle is an inconvenience in itself, but likely will also be a grim premonition of things to come. All bets are off as to when to invest in Obama stocks.
Last 5 posts by Jeffrey Miller
- A Tough Nut to Crack - October 29th, 2009
- ETF Update: Looking to the Internet - October 25th, 2009
- Healthcare Reform Becoming Less Likely - October 21st, 2009
- ETF Update: Another Look at the Banks - October 18th, 2009
- Identifying Quackery (and Other Mistakes) - October 6th, 2009
 About Jeffrey Miller (http://www.oldprof.typepad.com)
Jeffrey A. Miller, Ph.D. is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy. In 1987 Jeff began work for market makers at the Chicago Board Options Exchange. His approach included finding anomalies in the standard option pricing models and developing new forecasting techniques. Merging these quantitative techniques with specific company analysis, Jeff also generated trading ideas from sell-side analyst reports. Through his years of experience in trading options, futures and equities, Jeff has come to be regarded as an expert in interpreting the effect of news on the markets and individual stocks. Jeff has served as a forensic expert in several cases involving such issues. He has also written a series of papers on investment management, describing both quantitative methods and those related to behavioral economics. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.