The Series
December Confessions
December (by Ali)
The Kuwait Stock Exchange (KSE) is finally ending one of the worst performances in its history. Investors will get their final shock of the year on Wednesday 31st as the last trading day of 2008. Investors will start 2009 with three unfortunate facts:
- KIA will not provide the optimism needed to restore confidence in the market
- Investment Banks are collapsing in succession
- The OPEC Cartel has lost control of oil prices
The Collapse of Kuwait Stock Exchange
September (by Saud)
The recent collapse in the Kuwait Stock Exchange (KSE) index this past week has not been given its proper placement in the headlines. I have found it difficult to find resources covering the details of the collapse or reasons justifying the decline. Some might hail the events as a market correction but I believe the reasons are far more complex and intertwined with recent economical events in the country.
In moments of crisis, rumors seem like facts and assumptions are distorted into realities, and as chaos wreaks havoc, irrationality unfolds to become sanity…
