Obama Speech Time – September 8

by David Jay on September 8, 2011

What time is Obama’s Speech today?

President Barak Obama’s speech this time will unveil potentially critical data.  The Obama speech is set to rock the financial world.  The exact time of the Obama speech is set to 7pm tonight, Thursday the 9th of September.  Be sure to have your TV sets tuned in to Obama’s speech at this time, because this will be sure to direct trading tomorrow and over the next few days.

What will Obama unveil in his speech this time?

In his speech Obama is set to release a new plan to stimulate the debt-ridden US economy.  Earlier today Ben Bernanke issued a public statement that fell short of providing any clear indicators to a market eager for trading signals.  His speech triggered a sell off on Wall street, with indices moving further into the red to around the 2% mark.  Bernanke was very cagey about any potential government interventions to the US economy.  His tone was somber, warning that the economic future is still highly uncertain.  Most likely Bernanke didn’t give too much away in order to clear the platform for Obama to announce his much anticipated initiatives.  The Financial Times has a detailed analysis of the Obama speech.

obama speech

The Obama speech is set to release initiatives to create jobs in order to tackle the worryingly high unemployment rate which has not budged form the 9.2% mark over the past month.  Last Friday markets reacted negatively to news that the employment figures had remained unchanged.

Obama is undoubtedly hoping for bipartisan support for his upcoming initiatives.  After going on record many times following the congress debt debacle, hopefully this time both sides of congress will come together to actually aid the US economy instead of playing dirty politics.

In his speech Obama is hoping that job creation will be save the rickety US economy.  Undoubtedly if the plan that Obama will unveil works, more jobs will mean more consumer spending.  This in turn will benefit business and lead to more job creation, hopefully leading the negative cycle.  Currently the street is still undecided if the US economy is headed for recession, with most forecasters giving the US a fifty-fifty chance.

The Obama speech will need to introduce far more than job creation in order to save the US economy.  With the spiraling US debt, the economy is far from healthy.  Many investors are worried regarding the true value of the US dollar, which has become incredibly devalued compared to other currencies.  This investor concern is the reason behind the extreme volatility of gold prices, which continues to climb to record levels as investors seek a safer currency than that of the devalued US dollar.

What Obama Should Say in his Speech

What is really needed is not just job creation but business stimulation.  The true drivers of economies is business.  The focus of the US government should be to enhance the US export industries which will benefit from the weak US dollar.  This in turn will lead to more profits being brought into the US economy from overseas and will lead to more taxation and hence will decrease the US government debt. Obama should focus on entrepreneurship not just on simply job creation such as infrastructure schemes.  Employment several people to build some roads will be only a temporary fix. It’s a bit like giving a cancer patient Tylenol.

Effect of Obama Speech on Market

We will have to wait patiently to the open tomorrow in order to see the effects of Obama’s speech on the stock market.  I really can’t say for sure what the outcome will be.  If Obama reveals a comprehensive and sound plan as I stated above then likely his speech will lead to a sustained stock market rally.

However if Obama will propose only patch-work solutions, such as simple infrastructure initiatives, the market will most likely be disappointed.  This will manifest as a sell off and potentially leading to another stock market collapse.

You can see what actually was said in the Obama speech today.

What do you think Obama will say in his speech?

What do you think the stock market will do tomorrow?

Do you have confidence in Barak Obama?

Participate in the discussion and leave your comments below!


Tagged as: obama speech, obama speech time, obama's speech, obama's speech time, time of obama speech

  • Leahnoramrodriguez

    I am very happy that Obama has promised to clean up the meat processing pollution and I feel we should start using our cows and horses at least part of the way to deliver all that we use diesels for. I feel that horses live for working for us and they really enjoy it! God did not make horses to cook and it is pretty much illegal to eat them, so what are they here for anyways? I am sure they are not here just to ride in a fenced in place for show, and I am sure they are not suppose to stand around and eat grass all day! If we can train a monkey we can train some cows and horses or hire more farmers and truck drivers can learn how to travel a few days earlier so they can make it to their destination on time using natural transportation most of the way, and using diesel power for up hill only! We need to do this now and see if it works to see if our air quality improves immedietley! Their is no more time to waste! If we wait any longer their will be less of a chance to reverse what we have allowed the working people to unknowingly do for so long prolonged exposure is too long so we need to teach our kids to walk to school since all schools are walking distance from most or all of it’ss students homes anyways! So why can’t we hire new more energetic tour guides that can give more knowledge about our environment on all of the new nature trails to all schools starting here in Fresno Calif. We won’t need to fire the older bus drivers we just need to multiply them with the original ones and start a new SPORT all around our world, especially Iran and India etc. because the people that come here from there are closer to mother nature as our beautiful animals that are one with Earth because Americans are always wearing shoes and in a car or walking barefoot but on the ugly heat trapping sidewalks they are not as close to Earth as people that are barefoot on dirt, grass, and soil are actually more intuned and caring for the things that were already here not wordly things created by the people and law makers of the world. Conserve our children’s natural Earth’s ENERGY in case they really need it when they are in charge!

    I feel that most horses and cows should be used for cutting grass because they eat it naturally. I ferel that they could help decrease the congestion and gross pollution especially here in Fresno Calif. their are way to many families suffering and being physically, emotionally, mentally stressed out do to the worries of cars and what they have been known to do “accidently” or invisibly for so long. So we need more farmers and cattle herders twho are willing to go that extra mile along with the new entrance and exit keepers who agree to open up their yards and help watch over our little children with the new trails we will benefit from more safety, less stress, with surveillance cameras that will not invade the lives of home and property owners only ensure the safeness to allow our kids to walk home from elementary, junior, and high schools giving them the safe haven that they need so that they won’t have to walk with the traffic on the main roads that usually are farther than the paths that have been covered purposely so they have no other choice but to feel that they need to ask for a ride to be on time when the school is within reach just blocked by the brick walls and property lines fenced off to the TTTTTTTTTTTTTTTTTTT
    TTTTT TTTTT TTTTT TTTTT we need residential streets to be more like this each space having a safe nature trail protecting our children from the dangerous exhaust especially for our sensative asthmatics and the dangers car accidents that have been known to stir up the lives of all who have had no other choices in the past that the memories are still affecting the present lives of the mourners who have not had any peace since the tragic loss of the life the miss so much SILENT NIGHT! Let freedom Ring!!!!!!

    Thank you, and ~GoD~ Bless All who Believe and Recieve The King Of Isreal!
    Prince of Peace rules over the Prince of Air always has and always will~Amen!
    Leahnora M. Rodriguez
    Fresno, California

  • Leahnoramrodriguez

    Thank you so much President Barack Obama and please take it easy on Boener he seems very genuine to me. Please tell your daughters and wife to keep up the good work and to you keep up your awesome work and as you continue to have empathy and sympathy I am sure the rest of the americans that are a little stuck up will become more compasssionate to the rest of the workld and what they face every where else everyday!
    Merry Christmas and thanks to GOD~ and You Merry Christmas to all and to all a peaceful night~A Happy New Year is just a hop, skip, and jump away!!!!!!

    Your caring citizen,
    Leahnora M. Rodriguez!

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