(22 January 10-RV) World markets fell today, led by bank stocks after President Barack
Obama proposed a sweeping overhaul of Wall Street in attempts to avert future financial
crises. Obama said he would seek to limit the size and complexity of large financial
institutions so that their collapse wouldn't imperil the broader financial system
and world economy or cost taxpayer money in bailouts. Joseph Engelhardt is the senior
vice president of Capital Alpha partners in WashingtonDC, a political and economics
forecasting company. He told us why the markets reacted badly…