US stock markets opened
slightly higher this morning after a down market yesterday that was dominated
by fears of what the effects of a US strike on Syria would produce. Oil skyrocketed along with gold yesterday and
both commodities opened this morning with continuing gains, another result of
the Syrian effect. Asian and European
markets followed the US lower overnight.
There is a rush to safety occurring.
The dollar is strengthening against all major currencies as investors
seek a safe haven. Talk of a Fed
tapering program is on the back burner while the Syrian situation plays
out. Watch for continuing volatility
until the US strikes Syria with a barrage of sea launched cruise missiles.
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