Stock markets in a sea of red do to unrest in Egypt

Posted By on January 28, 2011

protestfiresburning

As the middle east boils and Egypt joins Tunisia in a public uprising against their governments, world markets grow nervous seeing oil rise 4% today on worry over disruption. Not only is our U.S. stock market giving back it’s gains from the past few days, but the political unrest a half a world away reminds me just how connected our world has become … for the good and the bad.

Neil Cavuto reminded us (audio above), that during times of international turmoil just like back in the 1970 in Iran during the overthrow of the Shah, events can quickly spiral out of control and even bring down the president in the United States. This is of serious concern both economically and politically. (AP video update below)

seaofredmarkets110128

Adding some follow up video illustrating the chaos …

Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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