Qaddafi Is Making Our Economic Recovery Neurotic

By
Photo: Al Jazeera

The Dow closed below 12,000 today, "slipping back under the psychological barrier that it passed in late January." The dip was motivated partly by nervousness over oil prices due to both escalating violence in Libya as well as Saudi Arabia opening fire on protesters. Unfortunately, we can't pin the other factor — today's unexpectedly high jobless numbers — on trigger-happy autocrats. [NYT]