Friday, November 20, 2020

Oil Giant Aramco's Strong Stock Is A Mirage -- The WSJ -- November 20, 2020

There is no new news here. But it supports one of the main themes of this blog for almost a decade. That's why it gets a stand-alone post. Along with the fact that the story is in The WSJ. "Heard On The Street" is always one of my favorite columns in The WSJ

Headline: oil giant Aramco's strong stock is a mirage. This week's bond sale shows that global investors remain less enthusiastic about the stock than patriotic local shareholders.

Patriotic.

Or coerced.

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