We should not make our primary focus the markets even after the election, the end of year, the first term of the new administration or even the second term.
For his part, Prime minister Benjamin Netanyahu talked of the generosity of the visit and of the US and recognised that Obama, the leader of "the world's greatest democracy" had gone out of his way to make this trip, to "a somewhat smaller democracy", the first of his second term.
The administration hopes the first foreign trip of his second term will give the president a chance to go beyond official talks and make a direct appeal to the people of Israel.
Although the Plame affair has tarnished his reputation for honesty with independents, it has hit him in the first year of his second term, allowing him to recover.
President Obama and First Lady Michelle Obama kicked off the second term with a tradition that began in the first: A special surprise greeting for guests on a White House tour on Tuesday.
Bush could have chosen to push a bipartisan idea, such as immigration reform, as the first domestic proposal of his second term.
Following talks in Jerusalem, Mr Netanyahu said the fact the US president had made Israel the first foreign visit of his second term was "deeply, deeply appreciated".
Mr. Obama told the Register (whose endorsement for re-election he was soliciting but didn't get) that he can doubtless achieve a "grand bargain" with Republicans on spending and taxes in the first six months of a second term.
But Mr Giuliani, the first Republican to win a second term since Fiorello La Guardia in 1937, has also proved a surprisingly subtle ethnic politician co-opting or bullying most of the pieces of New York's ethnic mosaic into a more supportive shape.
He isn't the only potential member of Obama's first or second-term Cabinet to be grilled during the nomination process.
Obama, the first African-American president and the 17th to win a second term, used a pair of Bibles in Monday's ceremony -- one from Abraham Lincoln, the other from Martin Luther King Jr.
Mr. Obama has made an effort to appeal to business in the second half of his first term after two initial years of frayed relations.
He swept into office in 2001 with the largest share of the vote ever achieved, and became the first Prime Minister to win a second term in 2005, with an even greater majority.
In the United States, President Ronald Reagan, after an assassination attempt on a Washington sidewalk in the second month of his first term, was assured that efforts would be redoubled to make certain no one who wished to hurt him would be able to get that close again.
Another worry has been Mr Menem's disappointing failure in his second term to maintain the pace of structural change of his first term.
He is the first president since Wilson to win a second term with a reduced percentage margin.
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The first sort resulted in above-average short- and long-term share performance, the second in prolonged under-performance.
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The first big policy fight of President Bush's second term has not only been identified, it's already been scheduled.
The first and second catalysts are tax policy and mid-term elections.
He is determined not to become the federal republic's first chancellor to be denied a second term in office.
That is a contrast to how Mr. Obama operated in his first term: Aides say he is determined in a second term to focus not so much on the inside game in Washington, in which he tried to persuade lawmakers to pass bills in direct negotiations, but on mobilizing public opinion.
The first African female head of state who may just get elected for a second term.
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The near-term outlook for total capital investment (from primarily first and second wave projects) is immense.
For Williams, this was her second long-term mission aboard the Station, and her first as Expedition commander.
If he manages to win this year, it is likely to be by less than that, which would make him the first President in a hundred and twenty-four years to win a second term by a smaller margin than in his initial election.
Abroad, a second Bush term may well be just as ideological and divisive as the first.
James Comey served as the Justice Department's second-in-command during President Bush's first term.
Obama's visit is his first to Latin America since winning a second term, in part due to the overwhelming support he received from Hispanic American voters.
The company plans to originate and invest in first- and second-lien loans that will have a term of 3-6 years.
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