It is definitely having a positive effect on the markets which is a good sign.

Stockmarkets in Europe and Asia rallied strongly today after Barack Obama pledged to spend hundreds of billions of dollars in a bid to drag America away from another great depression.

In London the FTSE 100 leapt by more than 6% and closed 250 points higher at 4300. This followed strong trading in Japan, where the Nikkei index gained 5%. Shares also rose on Wall Street, where the Dow Jones industrial average was up more than 3% by London market close

Obama has explained that he wants to jump-start the US economy to create jobs straight away, but also deliver long-term sustainable growth.

Lets hope his jump-start will gain more and more peoples confidence in the markets - it has so far.