“Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this, America: They will be met.”  - US President, Barrack Obama’s inaugural speech

DOW slumped about 4 percent today due to economy worries irregards to the inauguration day of President Barrack Obama. DOW Jones Industrial Average has broken through support line and moving towards the 7500 support level. S&P lost 5.28% and Nasdaq lost 5.78%.

Barrack Obama has become the 44th US President and he had delivered a very strong and greatest speech ever on his inauguration day. Even so, his positive speech did not change the course of market direction and the fundamental of the economy issue still remains. 

In the midst of UK bank announce bail out plan, US bank share has been impacted as well, Bank of America, Citigroup, and JP Morgan chase has slipped over 20% on wednesday. 

Nevertheless, Obama’s speech has delivered a strong message to United State and to the world that Changes is needed for better and hopeful tomorow.  

Highlight of Obama’s Inaugural Speech: 

About Government 

“The question we ask today is not whether our government is too big or too small, but whether it works — whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. And those of us who manage the public’s dollars will be held to account — to spend wisely, reform bad habits, and do our business in the light of day — because only then can we restore the vital trust between a people and their government.”

About Economy & Infrastracture: 

“For everywhere we look, there is work to be done. The state of the economy calls for action, bold and swift, and we will act — not only to create new jobs, but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place, and wield technology’s wonders to raise health care’s quality and lower its cost. We will harness the sun and the winds and the soil to fuel our cars and run our factories. And we will transform our schools and colleges and universities to meet the demands of a new age. All this we can do. And all this we will do.”

About Prosperity: 

“that a nation cannot prosper long when it favors only the prosperous.”

About Defense:

“With old friends and former foes, we will work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet. We will not apologize for our way of life, nor will we waver in its defense, and for those who seek to advance their aims by inducing terror and slaughtering innocents, we say to you now that our spirit is stronger and cannot be broken; you cannot outlast us, and we will defeat you.”

About Leadership: 

“To those leaders around the globe who seek to sow conflict, or blame their society’s ills on the West: Know that your people will judge you on what you can build, not what you destroy. To those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history; but that we will extend a hand if you are willing to unclench your fist.”

To watch Obama inauguration Speech