Chicago, IL - Below is a statement from Senator Barack Obama on the financial markets:
"Today's developments in the market are a welcome sign that the global economic cooperation we saw this weekend - along with vigorous measures, including plans to recapitalize our financial institutions - are helping to restore confidence in our markets. But the tremendous volatility we are seeing in the market is a sign that we still face significant economic uncertainty. We have not yet solved the financial crisis, and we have barely even begun to solve the crisis facing middle-class families struggling to pay their bills and stay in their homes. So we must move forward, quickly and aggressively, with a middle-class rescue plan that will create jobs, provide relief to families, help homeowners and restore our financial system," said Senator Barack Obama.
Barack Obama, Statement of Senator Barack Obama on the Financial Markets Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/291368