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.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.