in the grand sweep of presidential history a certain serendipity has blessed the holder of the office with the coincidence of commercial flows to alter the price of risk (stock prices) in relation to earnings (when available) and multiples (when earnings are scarce)
since the turn of the century there have been grand sweeps of exponential increases (Coolidge, FDR 1, Truman, Eisenhower, Kennedy/Johnson, Reagan, Bush the Elder, and the rock star Clinton's team with Greenspan, Rubin) and devastating declines (Hoover, Bush the Younger 1) (in the short run) but the chorus has been inexorably higher
the knife appears to be poised to fall and the question is will Obama fair catch it or leave the denouement for the next in line
since the turn of the century there have been grand sweeps of exponential increases (Coolidge, FDR 1, Truman, Eisenhower, Kennedy/Johnson, Reagan, Bush the Elder, and the rock star Clinton's team with Greenspan, Rubin) and devastating declines (Hoover, Bush the Younger 1) (in the short run) but the chorus has been inexorably higher
the knife appears to be poised to fall and the question is will Obama fair catch it or leave the denouement for the next in line
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