insideoil

Global Stock Markets: Going Nowhere Fast

Any thoughts on why it was the UK market that turned first - maybe the weakest link, or just simply sharper at spotting problems ahead ?
Another casual observation of course is how long the turn in one market has taken to work its way through to other markets. We may live in a global economy ( linked markets), but it sure has seemed to take awhile for all to realise that.
Looking around in the GCC at all the crazy activity that has yet to even pause, one cannot help but feel something has yet to crack. But, then again, there is one huge energy bubble that may have to burst first.