{"id":16595,"date":"2016-01-17T13:06:26","date_gmt":"2016-01-17T18:06:26","guid":{"rendered":"http:\/\/olduvai.ca\/?p=16595"},"modified":"2016-01-17T13:06:26","modified_gmt":"2016-01-17T18:06:26","slug":"mid-east-massacre-qatar-crashes-saudi-stocks-plunge-most-since-black-monday","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=16595","title":{"rendered":"Mid-East Massacre: Qatar Crashes, Saudi Stocks Plunge Most Since Black Monday"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.zerohedge.com\/news\/2016-01-17\/mid-east-massacre-qatar-crashes-saudi-stocks-plunge-most-black-monday\" target=\"_blank\">Mid-East Massacre: Qatar Crashes, Saudi Stocks Plunge Most Since Black Monday<\/a><\/h3>\n<div class=\"tabs\">Broad middle-east and african stock markets\u00a0<strong>crashed over 5%, erasing any gains back to November 2008<\/strong>\u00a0as the carnage from last week continues. From Kuwait (-4.3%) to Qatar (-8%) it was a bloodbath as<strong>\u00a0Saudi Arabia Tadawul Index plunged 5.4% &#8211; the most since Black Monday<\/strong>\u00a0(now down over 50% from their 2014 highs). These losses are far in excess of US &#8216;catch-up&#8217; moves and suggest a dark cloud over Asia this evening.<\/p>\n<div class=\"content\">\n<p>It&#8217;s been a bloodbath in the Middle-East since the year began&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME4.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME4_0.jpg\" alt=\"\" width=\"600\" height=\"310\" \/><\/a><\/p>\n<p>Africa\/Middle-East Stocks crashed 5%&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME3.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME3_0.jpg\" alt=\"\" width=\"600\" height=\"312\" \/><\/a><\/p>\n<p>Saudi Arabia&#8217;s Tadawul Index is down 5.4% on the day &#8211; the worst since August&#8217;s collapse and has lost over 50% since its exuberant peak in 2014&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME2.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME2_0.jpg\" alt=\"\" width=\"600\" height=\"316\" \/><\/a><\/p>\n<p>Kuwait down over 4% to 2009 lows&#8230;<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME1.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME1_0.jpg\" alt=\"\" width=\"600\" height=\"317\" \/><\/a><\/p>\n<p>But Qatar was carnaged&#8230; (down over 8%)<\/p>\n<p><a href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME5.jpg\"><img decoding=\"async\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user3303\/imageroot\/2016\/01-overflow\/20160117_ME5_0.jpg\" alt=\"\" \/><\/a><\/p>\n<p>Makes you wonder where all that hot-money from The Fed flowed eh?<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mid-East Massacre: Qatar Crashes, Saudi Stocks Plunge Most Since Black Monday Broad middle-east and african stock markets\u00a0crashed over 5%, erasing any gains back to November 2008\u00a0as the carnage from last week continues. From Kuwait (-4.3%) to Qatar (-8%) it was a bloodbath as\u00a0Saudi Arabia Tadawul Index plunged 5.4% &#8211; the most since Black Monday\u00a0(now down [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[83,303,305,1606,500,501,1026,701,2443,4318],"class_list":["post-16595","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bloomberg","tag-fed","tag-federal-reserve","tag-kuwait","tag-market-collapse","tag-market-crash","tag-qatar","tag-saudi-arabia","tag-stock-markets","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16595"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16595\/revisions"}],"predecessor-version":[{"id":16596,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16595\/revisions\/16596"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}