Obama Administration Adds Spice to Financial Markets

You never know what to expect with our current administration.

In the last two days, Obama has used old-school Chicago style politics to ram through a health care package that is going to cost our country and businesses dearly - bringing new taxes at a time that consumers and small businesses can least afford it.  The brazen attack on our political system and disregard for our economic wellbeing was capped by Vice President Biden screaming in his ear and in the microphone "this is a big fucking deal".

How did the market react to all of this?  The Dow moved up 170 points in 2 days, capping its most powerful 2 week rally since 1996. 

It should have been down 500 points.  Go figure.

Jason Rodgers
Jason Rodgers: Jason Rodgers was an experienced research analyst for a major bank prior to retiring to run his own investment consultancy in beautiful Lihue, Hawaii. Jason contributed articles to BestCashCow from 2008 to 2014.

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