At one end of the spectrum, we have seen China continue to struggle with its real estate industry, announcing a series of measures (including today’s) to lower borrowing costs and reducing down payments for second home purchases. This is with an eye on reviving prices
If there’s one lesson every investor had taken to heart up until 2007, it was this: buy as many assets with borrowed money as possible because asset prices always rise. Then, what happened in 2007 (as was the case in 1929) put an expensive pause
To look at the history of financial markets is to dissect data and uncover narratives that hold the power to astonish. The first is that market crashes prior to 1987 heralded the onset of economic conditions that were dire. However, 1987’s ‘Black Monday’ was the
Dubai: This is what UAE stock market investors are getting in the coming days – some sizeable H1-2024 dividends. And more chances to trade in UAE stocks at zero per cent fees or commissions. And of course, more IPOs to get into, including potentially the
In most cases, a listed company’s dividend policy is often reported to shareholders, but seldom explained. All that is mentioned is what percentage of profits will be paid out and, in some instances, what that rate of growth will be (usually an absolute percentage or
Fifteen years ago, it would have been strange for young Americans or Scandinavians to do business with UAE fund managers. These days, every young person from the West seems to have had that experience. Far from it being confined to real estate, interest has now
In the third week of July, the market believed that Bitcoin was valued at $68k; SnapChat at $24 billion; and Intel at $150 billion. While I will refrain from commenting on the more egregious examples of meme stocks, say what you want of these three
As the number of IPOs in waiting continue to bulge the UAE capital markets, even as median valuations have risen, there have been instances where the phenomenal subscriptions in the primary markets have not been followed up with secondary market performance. This indicates something of
John Maynard Keynes famously remarked that ‘when the capital development of a country becomes the byproduct of a casino, the job is likely to be ill-done’. Of course, in the UAE and the region, capital market reforms such as privatizations and market making mechanism to
Shareholders of Nvidia certainly had a lot to celebrate over the last year and which reinforced the opinion that the technology sector is the only sector worth investing in. However, more astonishing has been the fact that two US based utility companies – Vistra and
