Obama Wall Street Legacy Muddled; Secret Service Show "Consternation" Over Interview Length

Mark Melin

Published onApril 29, 2016

Updated on May 13, 2021

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?

Table of Contents

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...

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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.

Obama Wall Street Legacy Muddled; Secret Service Show "Consternation" Over Interview Length

Obama Wall Street legacy: took over as a reversion trade that had extended multiple deviations past the mean on several levels

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