The one thing you can be certain about uncertainty is that it will produce greater volatility in global financial markets. The adviser to the Abu Dhabi Royal family who made a call on volatility two weeks ago at the Hedge Funds World Middle East conference is clearly more than worth his salary (click here).
So are the nuclear reactors melting down or not? Does that matter when the Japanese economy is already so disrupted? Will Libya be another Iraq for the Western allies? Will the Bahrain crackdown be the end of unrest in the Gulf States?
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