Shifting allegiances in the sands of the Middle East. Saudi Arabia, our supposed ally, practices the most extreme version of Islam with violence against infidels and women. Iran’s antithetical Islamic theocracy reigns in a land of Persians. The two powerful nations have now come to loggerheads to fight for dominance in the region polarizing others along Sunni and Shiite lines. In between ISIS flourishes and refugees flee from its rise. Oil price volatility the new norm.
Meanwhile, North Korea is bomb rattling as China looks the other way, distracted by its own geopolitical paranoia. Bottom line? Stash that cash for 2016. Markets going to have a bumpy ride.