George Hanna, CIO & Portfolio Manager, ADIM, part of Invest.
George spoke about the #valuation metrics - such as #PE ratios- in the context of prevailing interest rates; and argues that though the Saudi market is indeed overstretched, it is not “2006” expensive.
He further discussed how removing supportive #stimulus – though unlikely, and potentially painful initially – could be perceived as a positive signal that the worst is behind us.
Click on the below link to watch his interview which starts at 39m 15s: