Thursday, February 03, 2011

The unrest in the Mid-East is spreading to Yemen.

" Feb. 3 (Bloomberg) -- Tens of thousands of Yemeni protesters, inspired by uprisings in Tunisia and Egypt, rallied in the capital a day after President Ali Abdullah Saleh tried to defuse tensions by agreeing to step down at the end of his term."

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aXXsue0d_Bv4&pos=9

This unrest could cause the price of oil to rise even higher. More expensive oil, which acts as a tax on many US products and services, may slow our economic growth. The stock market could have more modest gains as a result.

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