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Email this article: Market buying opportunity disappeared, says Gary Dugan
Posted: Wed March 14, 2012 2:03 pm
UAE. Market setback was short-lived with not enough good news in the pipeline for a break out to the upside; We prefer Russia and China in emerging markets; Watch out in case US bond yields break to the upside; Dubai's DFM has opportunity and volatility.
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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