Dubai is ripping. Again.
The country’s stock index surged +8.5% today after Obama said the US would put a Syrian strike on hold if they surrender its chemical weapons. (Evidently, the United Arab Emirates likes the no-action in Syria call too.)
UAE is up over 55% year-to-date now. Can you begin to imagine what happens if the world doesn't come to an end? Lots to consider.
Because despite Nasdaq up over 20% YTD, every downtick in US growth stocks still has everyone and their sister on the edge of their seats worried about it.
(Editor's note: This is a brief excerpt from Hedgeye CEO Keith McCullough's morning research. For more information on how you can begin receiving our research, please click here.)