Expectations on Obama's presidency are high
Practically the whole world is counting on AmericaÆs new president û who ran on a platform for change û to fix the economy.
Barack Obama has been sworn in as the 44th President of the United States. As he inherits a US economy that is reeling from the fallout from the credit crisis, expectations that his administration will steer the economy out of a recession are extremely high.On the one hand, such optimism brings hope to fund managers and investors. But on the other hand, it brings the potential for huge disappointment. Since the US elections in November and ObamaÆs historic victory, the US economy has …
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