Sunday 9 February 2014

Jury still out on Gulf’s diversification trial | GulfNews.com

Jury still out on Gulf’s diversification trial | GulfNews.com:



"For those following international markets and economies at present, two critical pressure points have presented themselves.



One is that financial markets are not sure how far ahead they are of the economic recovery they have assumed. Has that elastic relationship been stretched too much; if not in bonds then in equities?



The other is the confusion surrounding the rate of that recovery right now, particularly regarding the data out of the US and China, which have been distinctly mixed.



It is therefore an especially nervous time for traders. Yet, for the Gulf economies also, testing times may lie ahead."



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