UAE's stock markets loses $152.1 billion in H1:: MENAFN
Why? I don't know. I'm not that kind of economist. Very few of us are.
posted by John B. Chilton at 7/02/2006 02:36:00 PM
Sunday, July 02, 2006
About Me
- Name: John B. Chilton
- Location: Orkney Springs, Virginia, United States
3 Comments:
Markets fluctuate for a variety of reasons:
1) Success of a business model
2) Perceived integrity of the business market and/or the marketplace
3) General economic conditions.
That the market declined so broadly suggests that conditions 2 & 3 played a prominent role.
Personally, I think gold is a darn good alternative, these days.
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abundant liquidity, or if i may say lots of money as a reason of high oil prices, and a limited number of listed stocks resulted in over-valuation, with share prices exceeding by far the fair value. Correction was eminent.
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