Mohammed bin Salman Is Having a Fire Sale of His Political Power | Council on Foreign Relations


.. there are risks that the current Saudi push to get an IPO done obscures.

First, it may be a good moment politically for Mohammed bin Salman to move forward, but December is not an opportune time for an IPO.

That is because international institutional investors who have met their target for yearly returns are reluctant to take on risk, while others who have not met their goal do not want to risk putting themselves further in the hole, and then you have the people who are so far off their mark that they are swinging for the fences. This is not a great investment environment, to say the least.

Source: Mohammed bin Salman Is Having a Fire Sale of His Political Power | Council on Foreign Relations

READ  Speculators raised net short bitcoin positions in Dec 26 week: CFTC

Leave a Reply

Your email address will not be published. Required fields are marked *