I thought I’d seen every asset bubble in my career. Today I saw cards that cost fractions of a cent to print selling for tens of thousands. No earnings, no yield, no intrinsic value, just a picture of Pikachu and a lot of faith. Human psychology is undefeated. #Pokemon

Thanks @arnabnsg for including my 2 cents in this great article 🙏🏼 AI is a tool. Humans are the masters.

Lebanese food tastes much better if Fairuz is playing in the background.

Nomura says GCC should consider tariffs to match rise in protectionism - @tarekfad

Thanks ⁦@dan_murphy⁩ for hosting me on ⁦@CNBC⁩ to discuss how #GCC might respond to rising economic nationalism & #tariffs. Free #trade is ideal but shifting dynamics may require reciprocal measures to defend economy & support diversification.

Watch the official livestream from FII PRIORITY Asia in Tokyo! Tune in to insights from global leaders, business titans and investors who will address the planet's most pressing challenges and redefine Asia's next frontier:

Ever wondered what a barrel of oil is really worth? In 2007 one barrel could buy 31 Big Macs. Today? Just 12. Well below the 20-year average of 18. To reach the average of 18 Big Macs #oil would need to trade above $100. Getting back to 31 burgers requires *$182* per barrel.

⁦ Comments to @MSmithJourno on the CMA’s positive initiatives to further open the #Saudi capital markets, and why these measures may not automatically translate into a surge of new investors. #Tadawul #TASI #GCC #Economy #StockMarket ⁦@AGBInsight⁩

My OpEd for @arabnews on possible policy responses to rising protectionism, and the substantial non-tariff barriers that are already hurting the #GCC’s major exports. #Tariffs #Trade #Saudi #Oil https://t.co/77v8wR4cBy

Lots of speculation about what might happen to energy markets but this is an interesting take by ⁦@MDerhally⁩ “US Strike on Iran Fuels Fears of Broader Mideast War”

For Eid you can donate or have a camel delivered to your home in less than an hour through the Careem app.

Oil at $287 per barrel? Oil is has historically moved in-line with Gold but decoupled since 2014. If Oil were to match the rally in Gold its price would be $287! And if Gold reflects the devaluation of fiat money it suggests that Oil is down by 77% in real terms since 2000.

“The big issue over the past few years is the extent to which the active managers remain underweight on the #GCC in general and #Saudi Arabia in particular”. Money is flowing, but it’s a process. Article by ⁦@MSmithJourno⁩ for ⁦@AGBInsight⁩

Is the Tadawul All Share Index reflecting the Saudi transformation? https://t.co/SKGtFFKoiO?

⁦Lucky to meet @bosonsparticle⁩ . Happy New Year.

“Dubai’s economy is built on real estate and hospitality, so when that virtuous cycle is in motion it tends to do very well. I don’t foresee these sectors being hit especially hard but the froth of this year might be taken out” via ⁦@MSmithJourno⁩

Talabat and Lulu post-listing slump dims allure of UAE IPOs by ⁦@MSmithJourno⁩ via @AGBInsight⁩

Delighted to collaborate with Noorhan Al-Zan and ⁦@BahrainBourse⁩ on episode 2 of Markets Talk Show in which we discuss the importance of saving and investing. Start early, stay diversified and be patient. Thanks for the invitation, and the make-up!

“The Gulf #IPO market remains buoyant. In a global context, the #GCC remains one of the most active markets for IPOs” via @MSmithJourno at @AGBInsight #SaudiArabia #UAE

In the world's largest car market, China (25.8m cars sold in China 2023, v. 15.4m in the US, 12.8m in Europe), EVs are now 51% of all cars sold Watch demand for oil crash by 2030, driven by the electrification of transport + renewables and BESS getting insanely cheap #climate

Finally some relief for short term interest rates in the GCC. Saudi 3 month SAIBOR now at its lowest levels in around 15 months.