Richardson as Secretary of Commerce
Source: http://feeds.feedburner.com/~r/ElectionStocks/~3/474031229/Posted on Wednesday, December 3rd, 2008 | In Politics & Your Money
President-elect Obama’s choice of Richardson as Secretary of Commerce appears a solid pick by our judgement. Although typically seen as a lightweight cabinet position, the office really is what the president makes of it. Considering Obama’s own ambitious plans as well as the pressure on him to fix the economy, we think it’s safe to say Richardson will be instrumental in Obama’s administration.
Current Secretary of Commerce, Mr. Gutierrez, had this to say:
“I’m proud of the Commerce Department’s role in opening foreign markets, protecting our oceans and natural resources, strengthening American competitiveness and promoting freedom and democracy abroad. Gov. Richardson will take the reigns of a strong agency with dedicated civil servants who will continue these efforts on behalf of the American people.”
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 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. |
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