Behold The Saudi Plunge Protection Team

Amid all of the chaos, coups, and corruption crackdowns in Saudi Arabia, and with declarations of war being dropped like confetti, the Tadawul All-Share Index is barely lower…
We first pointed out the ‘odd’ appearance of a panic-buyer in Saudi stocks just two days after the chaos erupted. But it has now been a week and it seems someone is extremely keen to keep up appearances that all is well in the ‘market’ for Saudi stocks….

This post was published at Zero Hedge on Nov 12, 2017.