The Big Gamble: Are You Speculating or Investing?
New York, NY (PRWEB) December 16, 2008
Nearly half of all investors and speculators responding to a recent online survey predict that the election of Barack Obama to the U.S. presidency will shorten both the length and the depth of the global recession now gripping the worlds' economies. The survey, sponsored by financialspeculation.com, was conducted during November and launched just after Mr. Obama became the first black president-elect in American history. In response to the single question, "What effect will electing Mr. Obama have on the global recession?", 49.2 percent answered that it will shorten both the length and the depth.
The remaining survey responses were not quite as optimistic. Some 33.1 percent said that the election of Mr. Obama would restore faith in the U.S., "but that's it." And 10 percent predicted only a short-term emotional lift. The remaining "voters" amounting to 7.7 percent of the total, said that the markets had already factored in election results, and that there would be "no measurable change."
The website, http://www.financialspeculation.com, was established by financial author and turnaround consultant Jose Roncal, whose recent book, "The Big Gamble: Are You Speculating or Investing?" aims to educate and advise investors on restoring nest eggs devastated by recent economic turmoil. It has been endorsed by Donald Trump, who calls it "a great read!"
"The Big Gamble" is now available at Amazon.com and other online bookstores.
Note to editors: Review copies of the book are available on request. Call to arrange an interview with Mr. Roncal on the state of the economy and turnaround strategies for companies or individuals.