Dirhams & Dollars

A tale of two extremes: Apple and the Iranian rial

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Our timing couldn’t be worse. Hours after finishing up a podcast taking about tech stocks, Apple releases its quarterly results and - *presto* - we get our first trillion dollar company. But that’s the only good news we have for now. With most of Wall Street’s big tech stocks now having released their results, we’re back to taking about trade wars and the Trump effect, such as the falling Iranian Rial. Hopefully, we’ll get some good news during the week. We’re still waiting for UAE property developers to release their results; maybe they’re keep the string of good results rolling.