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middle east

Bobbys Corner-Open Market-March.11.2011

bob-slade-forex-2-150x200Good Morning:

This morning (2:46 PM local time in Japan) an earthquake hit the island nation.  The earthquake registered 8.9 on the Richter scale.  This is the largest ever recorded in Japan, and the sixth largest on record.  It is too early to tell the exact damage and costs that the earthquake will have.  There is a tsnuami warning in the Pacific rim-including Hawaii.

Now to the markets:

Bobbys Corner-Morning Update-Feb.2.2011

Good Morning:

A quick up date on the crisis in the  crisis Middle East:

Even after President Mubarak’s speech last evening in which he explained that he will not  seek reelection in the upcoming elections scheduled for September 2011, the protesters seem to want more.  They want him to leave office earlier, and do not feel that he can stay in power for 8 more months.  We hope that the US is utilizing it’s influence in Egypt to ensure that there is a smoothtransition of power.  With the most modern military equipment  (from the US) and the 10th largest army in the world it is imperative that world leaders do not allow chaos or any one party to gain an upper hand in the Egyptian political process.

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