Over the summer this website made a fairly cogent argument for buying UAE equities, vis-a-vis political stability, oil wealth, depressed valuations and a high economic growth outlook. But timing such purchases is always tricky.
Our enthusiasm in late July, with editor Peter Cooper presenting this idea to the Agora Financial annual investment conference in Vancouver, was quickly subsumed by the sudden slide in global financial markets in August. Marc Faber understandably dropped our article on this subject from his September newsletter.
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