Crisis of Confidence: Do the Markets Have No Faith in Obama?

The market's have no confidence in overpaid, useless, CEOs that steal, cheat, and rob the people.

Obama talks about change. And everyone say we have to great rid of the imcumbents from Washington DC. What a short term memory we all have. Obama is one of those imcumbents. What is his record when he was a senator? He did not make any changes or challenges to the imcumbents when he was a senator. So what gives? Other than Americans short term memory.

the market can not determine if Obama is trying to drive stocks down or is an incompetent socialist grifter like Barney,Dodd,or Shumer. Today he showed up again with no details. He has promised details twice and delivered nothing. He wouldnt even let tiny tim speak today but he spewed the same worthless BS geitner did last week. If was a CEO of a company the world would be shorting his stock. I thought he was an imbecile when he really believed proper tire inflation would solve the energy crisis,and have a feeling his lack of experience and lack of real world experience in his cabinet is showing.

CEOS or Government bureaucrats?

Markets have no use for "intrusive"government action in every aspect of business. (CEO pay, marketing activities, bailouts with strings, raising taxes, etc) Let the strong companies survive and the weak ones go away, the sooner the better.

No, the market does not hate O! The people in the markets hate O!

The only thing the market thinks is that President Obama is not Superman and can't fix the problems created by unregulated greed during the last eight years.

Speeches always make me feel so comfortable.It puts me to sleep.Then I wake up knowing I need to watch porn because it may be taxed next.

1100 pages on a plan that no one has read. We dont need paper, we need action. Right or Wrong we need to proceed with what are leaders have suggested and stop the petty bickering among the politicians. Its funny to see them all try to get on TV and give their opinions on how bad the administration is...but none of them offer any solutions. The time is now...get at it, hunker down pull your load and get this Ox out of the Ditch

Can we keep Obama off the air long enough to get the stock market in forward gear? Seems as if each time he tells us how much trouble we're in, the Dow goes South.

until this 'talent' the big banks are giving billion dollar 'bone us 'to are jailed and restricted from the banking sector,how can you have confidence in anything!

The market clearly understands Obama talks out of both sides of his mouth. He talkes about inheriting a debt out of one side, increasing the debt by a 1 trillion $$+ pork-laden spending bill, out of the other and then reducing the debt by half at the end of his first term, out of the other. Wait! That's three sides - stranger things have happened! The bottom line is that, even tough he has a plan to reduce the debt by half, the end result is a total national debt that is significantly higher than it is now! Gee, do you think the market can figure this out?

I'm afraid the market doesn't believe Obama's message that he'll reduce the deficit in 4years by 50%(lol) and no new taxes to those earning $250,000p/y. Well there are lots of other ways to increase your cost of living Ie gas taxes/cig taxes hunting fees, etc etc Just ask your northern neighbours who pay so much more fees and taxes Ie $3.50 gas $8.00 for a pack of cigs You Americans complain so much when the rest of the world looks in envy on how cheap everything is in the States. Obama is a sweet talker but sooner or later the masses will figure out they have been duped and you'll start having to live like the rest of us. Good Luck and llong live GM & Ford

With so many clowns on TV, Kedrosky is crucial to help people wade through the mythologies.

he's a democrat, what do you expect

I feel that the markets have no confidence when they see the wicked witch of the west Pelosi and the devil, Reid on TV. What a pair of liberal socialist scum. I hope and pray that Barak succeeds but he will not as long as he listens to those idiots. Please Barak do not be an Uncle Tom to these white elitist who have never had a real job in their lives. Like I always say the politicians are like the Mafia except that the Mafia helps you make them money.

Wha? Only in Commumerica would anything be called "anti Ububba". Any normal living thing would say it was Ububba invoking his magic touch on the stock market.

The markets don't hate O, they hate anti-business taxes, dollar devaluation, off balance sheet assets, mark to market accounting, over-regulations, non-enforcement of useful regulations, and government intervention in general. O just happens to be in the crosshairs of the market because he was there, not unlike Bush media.

people love to eat hype, be it breakfast, lunch or dinner

it the IRS imposed a tax on hype and BS our national debt would be gone by the end of the year! but obammy would be broke...