FINANCE VIDEO: Clifford Bennett Market Overview: Mubarak Hesitates And So Do Markets
Clifford Bennett notes the current state of anxiety in Egypt, but suggests market hesitation is more about acceptance and consolidation of recent strong gains. Given there was also broad market over reaction to Cisco's caution on earnings, he does not expect any significant market pullback. In fact commodities continue to show the way, pointing to the world being caught short during a period of great economic expansion.