Interpreting Middle East Economic News and Analyzing Market Trends

Archive for August, 2015

What’s behind the Saudi stock market plunge? (Hint: oil)

Image Source: Gulf Business

 

Traders in Saudi Arabia have been questioning the reasons behind the market’s recent plunge according to Reuters, but the answer is right in front of them.

 

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Market outlook for the rest of 2015: How to make it through the chaos that lies ahead

Image Source: CNN Money

With the end of the third quarter quickly approaching, I thought that it is the right time to give an update on some of the recent news in financial markets and what it is signaling to us.  At the very least, we need to pay close attention to what is happening in the oil market.  I previously wrote about oil here and why I believe the price is headed much lower.  Today, however, there is not only evidence that oil is headed lower, but that nearly every other asset will be headed lower too.

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