Last week the DOW went down, but the ending on Friday was higher than the previous Friday's. Possibly it will swing round this week, although the high Oil price, the tensions in the Middle East are still weighing down the markets. In addition, there's the matter of the fiscal cliff, and who will be at the helm when the U.S. has to deal with that very soon. As the U.S. engages in diplomatic negotiations once again with Iran, hope is there that that situation will be resolved traditionally with diplomacy.
Who can order the Eisenhower away from Iran? Who's the commander in chief?
Today's presidential debate will give some clue whether Mitt Romney is the man who can turn the course of U.S. foreign policy this decade if he becomes President. Fiscal prudence will dicatate that peace is the best solution.
Mitt Romney seems to be gaining some ground, and of course has hope that the swing States might swing it for him. Today, his foreign policy statements will decide if he is going to clinch it.