So far both Afghanistan and Iraq takeovers have been good for the markets, don't forget US is securing their economical future by taking charge of oil in the Middle East. "Sorting out" Iran could have similar reflections in the markets. IMHO anyway. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1499010>
Kudlow's check engine light's been on for a while. can't believe he isn't cognizant enough to understand the fact that oil was down blows up his hypothesis.
I agree Kudlow is one of the more clueless market commentators but there was movement in Iran today, doesn't mean that it was the reason the market sold off. The low indirect participation in the bond auctions is far more likely. http://www.debka.com/article.php?aid=1281
we tanked because the 10 year yield rose to its highest level in years...thats the reason.. 10-year yield runs above key 5.25 level to 5.267%, highest since May 2002 this was at about 2:30
Securing their futures are you kidding get off the meths idiot the only future the US want s to secure is its own it couldnt care less about the rest
If that ain't the pot calling the kettle black...I don't know what is....the bad ones (Muslims)attack women, children and civilians. They rape, kill, mame, and torture. I doubt a simple mind does anything even remotely close to that. Perhaps you and your own simple mind didn't think things through? As for Iran, the best thing we can do, is get oil to drop to $30 a barrel. That will also fix the Chavez problem.
Uh...someone needs to visit a Muslim country and see that masses of Muslim people are kind and generous. I've never felt as safe as I have in some Muslim towns. Either you're joking or you're one of the most naive people on these boards. Judging by some of your other nationalist hogwash I'd say the latter.