Tuesday, March 8, 2011

Global Markets Respond Favorably to OPEC News

As OPEC mulls over the possibility of increasing oil production, the global markets respond favorably. Dow futures and NASDAQ futures are up slightly this morning. Oil prices are down a bit.

Do people truly believe it is over and we are past the worst. Far from it. Keep watching the Middle East. Although the "Day of Rage" in Saudi Arabia has been postponed due to low turnout, it will happen. Saudi security forces will ruthlessly put down the protest marches. If they do, protests will get larger and more violent.

The Saudi government has already started to block certain websites in preparation of protests. There are forces at work that will not be stopped.

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