Wall Street is putting its money behind Democrat Barack Obama for president, despite worries that his administration would raise taxes and take a tougher line on trade and regulation. The signs Wall Street reads point to Democrats prevailing in the November presidential and general election as voters punish the incumbent Republican party.
Senator Barack Obama said on Wednesday he expected to become the Democratic United States presidential nominee after next week and he is considering an overseas trip that may include Iraq. After a hard-fought primary season against rival Democrat Hillary Clinton, Obama said the general election race will begin in earnest next week.
Barack Obama is nearly two hours late when he takes the stage, flashes that smile, and says in that instantly recognisable baritone: ”Good afternoon, believers.” Everybody wants to say they have seen Obama — up close — before New Hampshire holds its primary on Tuesday.