Please join me in welcoming our 44th President of the United States of America! I am elated that we have a brilliant, young, motivating commander in chief to lead us our country. We must also realize that the odds are not in his favor as the economy continues to purge itself from years of toxic mortgage assets, greedy investment schemes gone wrong and overall lack of confidence. I realized that I too for a brief second thought that the market would forget all of its ills and start fresh, sorta like America is starting anew. However, the market reared its ugly head the day of the inauguration when we witnessed the Dow Jones Industrial Average drop below 8000!
But I am optimistic that a new direction is in store for us all and even the markets. Regulation, transparency, and sharing the economic pie are some of the ingredients that I would serve up during this time of weariness. So President Obama, good luck and if you need any advice...just call.
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