Dubai market falling
…the Dubai Financial Market Index shed 81.18 points or 11.7 percent to
close at 611.86 points. It has so far dropped 40 percent from its
end-2005 close and down 57 percent from its all-time high.
Is Ski Dubai like buying corporate naming rights to a sports arena, namely a sign of trouble? Here is the link, check out the blog, and thanks to jck for the pointer. Try this post on whether psychologists are better market speculators than economists.