Have to Be Cautious With This Volatility, Says Daman Investments’s El Adou

The video discusses the sharp sell-off in US equities and the inversion of the yield curve, indicating a potential global recession. It highlights the impact of economic data from China and Europe, particularly Germany, and the pressure from trade wars. The speaker advises caution due to high market volatility and suggests minimal changes to investment strategies. The focus then shifts to the UAE market, which has been underperforming since 2017 but shows potential due to low valuations compared to emerging markets. The Dubai Financial Market has seen a 15% increase year-to-date, indicating a possible economic shift.

In what ways are the current valuations of the UAE market compared to emerging markets?

What changes are investors anticipating in the economic conditions of Dubai and Abu Dhabi?