Dirhams & Dollars

It’s almost scary these days how often major news stories start with a tweet. Last week, we thought we were done talking about Opec after the group reached a deal to pump more oil, but then US President Trump tweeted that Saudi Arabia should double its oil production. We also talk about stock markets, with the Dow Jones Index now down almost 10% from its January high, which is when Trump began tweeting about trade tariffs. Inevitably, we talk about the World Cup, since we all need to find a way to escape this news cycle.