Are the Arab stock markets back to bullish growth?
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Today five years ago, spring birthed a new bull in global finance. Security market annals refer to March 9, 2009 as the point where the United States equity market bottomed out and finally started gaining. While the recession in the American economy remained, the securities markets in the developed economies have risen consistently since that point. Observers and stock advisors on developed financial markets are using the anniversary as a chance to contemplate the unexpected strength of these markets and their chances of lasting another year. At the same time Arab stock markets, with the limited attention they get in comparison to the bulls and bears in the developed and the larger emerging markets, are quietly having their own spring of market gains. In 2013 and the first ten weeks of 2014, it is fair to say there has been something of an Arab spring for Middle Eastern stock markets.
