NCB Shares Are Undervalued: Al-Hammoury

The video discusses the economic developments in Saudi Arabia, highlighting NCB's influence in Jeddah and the region's growth opportunities. It also analyzes global market trends, including potential corrections in the US stock market, and examines the US economic outlook, focusing on interest rates and the housing market.

What is the main reason for the undervaluation of shares in Saudi Arabia?

• Opportunities for the middle class

• High demand for shares

• Economic instability

• Lack of foreign investment

What is the speaker's perspective on the potential for a market correction?

• It will be driven by increased interest rates

• It is unlikely to happen

• It is expected after a final rally

• It will be caused by high inflation

How does the speaker view the US labor market conditions?

• The labor market is strong and growing

• The labor market slack is diminishing

• The labor market slack continues

• The labor market is unaffected by QE

What factor is contributing to the US GDP growth according to the speaker?

• Rising home prices

• Higher defense spending

• Increased consumer spending

• Improved labor market conditions

What is the speaker's stance on the possibility of the Federal Reserve raising interest rates?

• They have already raised rates

• They will raise rates to control inflation

• They are unlikely to raise rates due to housing market concerns

• They will definitely raise rates soon