We have been intently watching the events in Egypt unfold over the past week trying to understand the possible implications on the price of oil, the global economy, and whether or not the instability could spread to other countries in the region.
Yesterday, we came across a very insightful bulletin from Joseph Tanious, a market strategist from J.P. Morgan Funds. Joseph’s parents immigrated to the US from Egypt in 1974 to create a better life for themselves. They still have family in Egypt, and Joseph has been in contact with his relatives throughout the crisis. We think you’ll find his comments and analysis helpful in understanding the situation today and its possible future ramifications.
Please copy and paste the link below into your internet browser to read his bulletin.
https://www.jpmorganfunds.com/cm/Satellite?UserFriendlyURL=insidemarket_exploreatopic&pagename=jpmfVanityWrapper#1296257124923
