As Libya’s tension increases, stock markets are trying hard to support this mess. The US job report was only within expectations and not that great, hence US equities are having a hard time rising.
With Oil prices at 2 year high, economists are calculating the effect of stagflation.
I think the world wants a no fly zone above Libya now. Gadaffi is like Saddam Hussein. Americans are hoping that we do not have to endure this next war against a small town of Tripoli.
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