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Saudi Arabia: Economic Slowdown To Persist

by Rajeeb Pramanik, India, ASEAN, and EMEA Strategist   Matt Gertken, Head of GeoMacro  

The Saudi economy is facing internal and external headwinds. The geopolitical conflict is also escalating in the Middle East. EM equity portfolios should stay neutral on Saudi stocks. EM sovereign credit portfolios should upgrade Saudi Arabia from neutral to overweight.

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