May
02

Bin Laden Dead, Markets Shrug

The death of bin Laden is a non-event in the markets. Had there been a rally, the US dollar, precious metals and commodities should all have weakened and stocks should have rallied as investors moved from safe havens to riskier investments. But, everything is up! The dollar is slightly higher, stocks are up marginally and gold, platinum and palladium are also up slightly. No visible market trend is yet evident.

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