Comments on: Happy New Year! http://www.yourtwobits.com/5/happy-new-year Budget. Save. Invest. Live. Wed, 28 Jul 2010 04:31:03 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Michael http://www.yourtwobits.com/5/happy-new-year/comment-page-1#comment-5 Michael Wed, 14 Jan 2009 05:03:19 +0000 http://www.yourtwobits.com/?p=5#comment-5 That's a good question and one that I'm not certain about (longer term predictions may be easier to make because there is more time for them to be realized or for people to forget). My sense is that if he takes office and shows he is seriously working to deliver the kind of change he promised during his campaign, that could bolster people's confidence in how we're doing as a nation. That would likely help the economy generally; however, depending on what type of change he actually implements, Wall Street and investors may not respond as favorably. Given some of President-elect Obama's statements over the last few weeks that appear to be intended to temper people's expectations of what he will be able to accomplish and how quickly, my guess is that he won't have a real strong positive impact on the economy. That said, all of us as individuals, acting positively and responsibly, will have more impact and control over what happens with the economy than a president does. That's my two bits. That’s a good question and one that I’m not certain about (longer term predictions may be easier to make because there is more time for them to be realized or for people to forget). My sense is that if he takes office and shows he is seriously working to deliver the kind of change he promised during his campaign, that could bolster people’s confidence in how we’re doing as a nation. That would likely help the economy generally; however, depending on what type of change he actually implements, Wall Street and investors may not respond as favorably.

Given some of President-elect Obama’s statements over the last few weeks that appear to be intended to temper people’s expectations of what he will be able to accomplish and how quickly, my guess is that he won’t have a real strong positive impact on the economy. That said, all of us as individuals, acting positively and responsibly, will have more impact and control over what happens with the economy than a president does.

That’s my two bits.

]]> By: Josh http://www.yourtwobits.com/5/happy-new-year/comment-page-1#comment-4 Josh Thu, 08 Jan 2009 05:58:26 +0000 http://www.yourtwobits.com/?p=5#comment-4 Hey Michael, I like it. I will be tuned in good point, If I had money I probably would be all in but maybe that is the wrong thing to think with all the corruption out their. (Madoff) Keep up your blog I will tune in.. Hey Michael,
I like it. I will be tuned in good point, If I had money I probably would be all in but maybe that is the wrong thing to think with all the corruption out their. (Madoff) Keep up your blog I will tune in..

]]> By: Marjorie Crowther http://www.yourtwobits.com/5/happy-new-year/comment-page-1#comment-2 Marjorie Crowther Fri, 02 Jan 2009 20:19:16 +0000 http://www.yourtwobits.com/?p=5#comment-2 I have a question. Do you think with the new President in office that the first quarter will look more upbeat in the stock market and economy generally speaking? I have a question. Do you think with the new President in office that the first quarter will look more upbeat in the stock market and economy generally speaking?

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