finance blog

U.S. Armed Forces kill Osama Bin Laden

President Obama and other sources confirm that Osama Bin Laden is dead.  Reports say he was killed by Navy SEALs working closely with CIA agents, and DNA tests confirm that the body is indeed OBL.

The impact of this news on U.S. and global markets is yet to be seen, but the Nikkei’s performance is positive — up about 1.5%.

The impact of the 9/11 attacks had a traumatic multi-year impact on the U.S. economy, and a proportionally lesser, but nonetheless dramatic, impact on the world economy.

What can I add, but that this is very good news, both financially and in general.

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