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Nov 6, 2017 Petro Dollar Investment might be in trouble?

November 6th, 2017

Over the weekend Billionare Prince Alwaleed bin Talal (along with other Princes)  were detained. He heads Kingdom Holding which suffered a 9% drop tonight. If he is detained, the company is hampered in investing their Petro Dollars around the world. On another topic, China is  reporting that Scalpers are not seeing any profits from the Apple X phone in China. USA had the lines, but China is not feeling it. Second hour of the European Trade we have Futures slightly up at .03%, after they fell over news that Saudi Princes were being detained. Not much in the way of Econ News today. Shanghai futures of most of the metals were up a bit tonight with Trump in Asia. With Markets at all time highs, wonder if anyone wants to still borrow more money to buy more?

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