MoneyPost

Many of us ask whether the economy will rise or fall when the Obama administration takes over the White House on January 20th, and we do for a good reason. The economy has been terrible and extremely unstable for months now, and it’s not just the United States, it’s the whole world.

Obama promises change, well don’t they all. We will have to wait and see how much Change(capital C) actually happens. Much of the potential will rely on Obama choosing the proper people for the proper positions in his cabinet.

The world expects Obama to be their Messiah. Just imagine all the pressure that will be on him. The black people of America will expect him to save them from their misery and to abolish all racism; the Kenyans will expect him to help their country; the Iraqis will expect him to create a better policy towards them; the Chinese will expect favors; Europe will expect new policies; Russia will expect friendlier relations and probably more freedom- and these are just a few. Do you honestly think he will live up to all the expectation? We will see.

All these expectations might not be so bad for Obama’s administration. He might be able to claim more international co-operation than the Republicans( especially the Bush administration) did. Europe, Asia, Africa, the Middle East, the Americas; they all rejoiced with his victory. The world has never been happier with a candidate. And at the same time, the world has never expected so much from one man.

Will he be the one to turn around the economy and stop, or at least slow down, the economic turmoil? I sure hope so. If you’re an investor, I’d suggest waiting for the DOW to drop, buying stock, and wait to sell until January 20th.