The weekly market update is posted at Alpha Baskets and includes the following;
Saudi Arabia is opening its market, with restrictions, to foreign investors. There are a couple of ETFs that have been in registration waiting for this to happen. If these funds do come to market however there will be little to no energy exposure as companies like Saudi Aramco are state owned. The funds would likely be very heavy in financial stocks.
Please click through to read the entire update.
The picture is from the Whiskey Row Off Road Crit from a few weeks ago. It is an annual event here in Prescott.