In Obama I don’t trust. I am just looking at the reality.
Stock market will not recover unless the biggest unknown is removed...which is, no one knows how bad the liabilities are on the books of some banks.
The biggest "unknown" out there is the Government, which does not have a coherent, consistent plan of action and keeps changing the rules with little or no warning.
And believe me, that unknown won't change just because the Government nationalizes C, BAC, and others. In fact, given the present administration, it just might make things even worse.