Saturday 26 February 2011

THE MIDEAST, THE SAUDIS AND OUR MARKETS | PRAGMATIC CAPITALISM

First, I’ve been pretty quiet on the mideast goings ons. I’ve been watching intently from the time Egypt made headlines, and have yet to see anything of particular consequence to us, beyond oil prices.

I’ve yet to come up with any channel to world aggregate demand, inflation, etc. apart from oil prices.

Seems all moves in stocks and bonds have been linked directly or indirectly only to actual and potential changes in crude oil and product prices.

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