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How does Bin Laden's death impact the US economy?

 
Anonymous

Asked by Anonymous at 8:27 AM on May. 2, 2011 in Politics & Current Events

This question is closed.
Answers (16)
  • Oil, gold and silver prices all fell as reaction to the death of the West's most wanted man swept across thinly traded financial markets.

    "Markets across the globe received a bit of a boost ... as news broke that U.S. forces had killed Osama bin Laden. However, like many euphoric bounces, they are often short-lived, especially given the possibility for reprisal attacks from extremists," said Ben Potter, market strategist at IG Index.

    http://in.reuters.com/article/2011/05/02/idINIndia-56698920110502

    However, that may change.
    Rnurse

    Answer by Rnurse at 9:03 AM on May. 2, 2011

  • Watch Pakistan and Libya. Bin Laden is a side show, but a lot can happen while people are distracted.
    NotPanicking

    Answer by NotPanicking at 8:34 AM on May. 2, 2011

  • I honestly have no effing clue!
    Musicmom80

    Answer by Musicmom80 at 8:27 AM on May. 2, 2011

  • I'd say for last night there was a lot of drinks & shots purchased!!! That's a little economy injection! LOL

    Crafty26

    Answer by Crafty26 at 8:41 AM on May. 2, 2011

  • NP is 100% right. I know I am keeping my eyes open.
    gemgem

    Answer by gemgem at 8:43 AM on May. 2, 2011

  • Well, the stock market MIGHT go up today on the news of OBL's death.
    tinamatt

    Answer by tinamatt at 8:44 AM on May. 2, 2011

  • Retaliation will begin by shutting us out. Watch your gas prices today.
    Anonymous

    Answer by Anonymous at 8:28 AM on May. 2, 2011

  • I honestly dont think it will have any effect. As for gas prices, they are already high and hopefully catching the person responsible for starting the war on terror might have a positive effect on prices being lowered, but I doubt it. What is raising our prices right now are the speculators and goings on in Libya.
    gemgem

    Answer by gemgem at 8:29 AM on May. 2, 2011

  • Oil prices are supposed to go down. IDK about gold and silver prices.
    Anonymous

    Comment by Anonymous (original poster) at 8:30 AM on May. 2, 2011

  • LOL Why would oil prices go down? I don't think it will have any economic effect. I do think the violence will be ratcheted up but economically? I don't see it.
    itsmesteph11

    Answer by itsmesteph11 at 8:32 AM on May. 2, 2011

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