Wednesday, January 7, 2009

Risky Business

Today is Obama Day on CNBC. As far as I can tell he is doing at least two exclusive interviews. I'm not sure what to make of it.

Obama has no particular expertise or history in finance or investments, and he is not even President yet. That said, optimism around what he will be able to accomplish is fundamental to many people's more constructive view on the market. He probably won't be required to field any really tough questions, and it's too early to promise specifics, so my guess is that it's going to be a home run.

Hump day.

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