Well, as we speak, the markets are up 4.5% on news of the new(est) Geithner plan for Public-Private Investment Partnership (pronounced Pah-Pip?). This flies in the face of the GOP and CNBC talking points that Obama is hated in the markets and any new announcements he make will do nothing but destroy the markets. The CNBC talking heads are still trying to get their head around it.
Smart people, like Bill Gross, get it.
