barack obama

Market-ing The Stimulus

Seven Hundred And Eighty Seven Billion Dollars ($787 Billion) has been the amount of money that has been poured by Barack Obama and his new economic team into the US economy. It’s an unprecedented stimulus package in an unprecedented time. Barely minutes after Barack Obama signed his first stimulus package into law, had the American bourses on Wall Street shrugged of the development as though nothing had happened. The Dow Jones had once again closed in the red despite the massive amount. The precedent for the rest of the world a day later has been observed. Here in India Dalal Street is wondering if the 9000 level on the Sensex that has been so difficult to maintain will be broken into the 8000 levels. It could happen in just one trading session.

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