Thursday, October 18, 2018

Why wouldn't the current Saudi situation cause American stocks to fall?

Everyone makes a big deal about the "PetroDollar", and how important it is to the Dollar's stability. Yet, the Saudi Ambassador just left the USA, and is said to not be returning.

Wouldn't this at least cause SOMETHING to happen in the markets.

I mean, we see so many multiple percent swings in the US markets, with no reason given. Yet, when something happens that seemingly does give cause for alarm, nothing happens.

I just don't understand it.



Submitted October 17, 2018 at 12:40PM by iamwalri17 https://ift.tt/2OsO4ZM

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