The Market after Bin Laden

10May11

At first it looked as if investors were relieved that Osama Bin Laden was dead. The Dow rose 65 points in the first minutes of trading. But it gave up the gains before the market closed. What will the impact of Bin Laden death be, if any? In the weeks to follow, traders will be focused on corporate earnings. The death of Bin Laden will be a short term confidence boost to the financial markets. Please remember what drives returns is corporate profits.

Learn more about Ron Sloy.

Advertisements


No Responses Yet to “The Market after Bin Laden”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: