Stocks Rise

Wall Street has smiled on President-Elect (I can't wait until I don't have to hyphenate) Obama's picks for his economic team. The latest being former Fed Chief Paul Volcker to head the new Economic Recovery Advisory Board. I'm not sure what that is but it sounds good, doesn't it? Although, I guess if he does a good job he will be out of a job.

The Dow has risen more than 1,000 points since Pres-El Obama started naming his economic team. Some of them I like, some I think are just re-treads from former administrations, but it is a pretty impressive list. I will wait to see the policies that they put forward to say more, but for the most part I like what I see so far.