His comments literally dictated the market.
His comments literally dictated the market.
the market cap of the saudi exchange is only ~$500b (sounds big but its chump change compared to their oil revenues & futures). a couple businessmen are pulling out of their forum but there is still money to be made, plenty will still show up. the saudis still refuse to acknowledge that there is any problem.
its north korea all over again. hey they tested nukes and icbms, lets go back to the old playbook of giving them concessions for being such good international partners.
the market cap of the saudi exchange is only ~$500b (sounds big but its chump change compared to their oil revenues & futures). a couple businessmen are pulling out of their forum but there is still money to be made, plenty will still show up. the saudis still refuse to acknowledge that there is any problem.
its north korea all over again. hey they tested nukes and icbms, lets go back to the old playbook of giving them concessions for being such good international partners.
It really is amazing what a US president can do when the world knows his threats aren't hollow ones.