Saudi Arabia Granted Emerging Market Status

[Marina Schwarz + 1,576]

MSCI has included S Arabia in its emerging market status, applauding the privatization drive in the kingdom. See, @Tom Kirkman, the IPO's as good as done after this great news.

[Tom Kirkman + 8,860]

We'll see.  Maybe I'm wrong.  If I'm wrong, just think about all the fun that OPEC will have, contending with Aramco shareholders.  Yowling like long tailed cats in a room full of rocking chairs and senile old farts like me.