Barack Obama will become the 44th President of the United States on Tuesday. Ahead of Obama's inauguration, global stocks were mixed on investors' concerns about the economic difficulties confronting the incoming president. Experts on CNBC expect the dollar and U.S. stock market to fall on Obama's induction.
No Inauguration Rally for Wall Street
The U.S. market could go down after Barack Obama's acceptance speech on Tuesday, predicts Ray Barros, CEO of Ray Barros Trading Group.
Dollar Unlikely to Get an "Obama Bounce"
Hopes for an "Obama bounce" in the greenback are likely to be dashed, believes John Kyriakopoulous, head of currency strategy at NAB Capital.
Obama Will Not Quicken Recovery