RECENT POSTS
- Your First Move For Wednesday November 10th
- Web Extra: The Best Trades In Tech
- Pops & Drops: UPS, Electronic Arts...
- Take Your Position: Retail Earnings
- The Return of Dividend Investing?
- Should You Believe in this Rally?
- Trading in this Technicals-Driven Market
- HALFTIME REPORT: How to Trade Senator Dodd's Financial Reforms
FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
There’s no shortage of advice out there for Barrack Obama, especially when it comes to ways in which to get the financial system back on track.
As you might imagine, celebrated contrarian investor Bill Fleckenstein has a few thoughts on the matter.
Fleckenstein is among the many investors who are eager to learn just what an Obama economic team is going to look like. However he’s not about to jump the gun.
Other investors, however, spent much of Wednesday reading into a line from his speech on Tuesday night in which Obama said, “Let us remember that if this financial crisis taught us anything its that we cannot have a thriving Wall Street while Main Street suffers.”
What should you make of it?
Nothing, according to Fleckenstein. Essentially it’s too soon to draw any conclusions.
“There’s been some concern that some of Obama’s policies will be too leftist,” says Fleckenstein. But wait until “we see how he populates his economic team. Then, we’ll have a better sense of where he’s going to go.”
“When you start to see a team of 5 – 8 people then you can get a sense of what the ideology will be,” adds Fleckenstein. But not before.
To hear our entire conversation with Fleckenstein please watch the video.
- Your First Move For Wednesday November 10th
- Web Extra: The Best Trades In Tech
- Pops & Drops: UPS, Electronic Arts...
- Take Your Position: Retail Earnings
- The Return of Dividend Investing?
- Should You Believe in this Rally?
- Trading in this Technicals-Driven Market
- HALFTIME REPORT: How to Trade Senator Dodd's Financial Reforms
- Your First Move For Tuesday November 9th
- Web Extra: The Dow's Only Loser
______________________________________________________
Got something to to say? Send us an e-mail at and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to .
Trader disclosure: On Nov.5, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (GS), (MSFT), (INTC), (NUE); Macke Owns (WMT), (MSFT), (DIS), (UUP), (SDS); Pete Najarian Owns (CHK) Call Spread; Pete Najarian Owns (YHOO) And Is Short (YHOO) Calls; Finerman's Firm Owns (UFS), (MSFT); Finerman's Firm Owns (OIH) Puts; Finerman's Firm Is Short (WFC), (IYR), (IJR), (IWM), (SPY), (USO), (MDY), (GNK
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes