The Barack Obama Wall Street legacy is complicated. The U.S. President appeared to voice frustration in a New York Times interview published Friday, but is the real frustration due to inability to concisely define the Obama Wall Street legacy in a manner that resonates? Obama Wall Street legacy: took over as a reversion trade that had extended multiple deviations past the mean on several levels From one perspective Obama’s term is, in part, akin to a hedge fund changing portfolio managers after a massive loss due to a historically poor market environment. In other words, Obama was handed a portfolio at…
Obama Wall Street Legacy Muddled; Secret Service Show "Consternation" Over Interview Length
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.