Obama Administration Amateur Mistakes
The Obama approval ratings after one month in office have come in at remarkably high numbers after some early mistakes. There were the nominees who had tax problems and had to withdraw, and one who was approved even after tax problems were revealed. The most amateur mistakes of the Obama Administration have been overlooked by the general public, but not by those who make their living trading in stocks and bonds. Obama and his Administration have made comments while the Markets were open causing some good trading days to stop in their tracks and reverse. The Obama Administration must establish a simple rule, do not make comments that will cause the markets turmoil when they are open. All such comments should be held off until after trading has concluded during the day. In this way, the Administration will limit the damage that occurs due to instant interpretation of what is said. When the markets are open, rightly or wrongly the markets instant calculate what is said and if a negative i...