10.09 Saudi Stock Market Plunges another 2.2%

by John Galt
October 9, 2016 08:45 ET

CAMEL_BITES_ASSanimatedgif

So much for the idea that this rally will carry the world into a new camel, er, bull market.

100916_saudi_tadawul_jgfla
(chart via Bloomberg)

This is not a predictor for the future, but if it is a hint as to how disturbed the force is with the potential for World War III starting any moment, world markets could drop far and fast without much warning.

%d bloggers like this: