Mideast Markets Have Always Priced in Geopolitical Risks: Credit Suisse

The video discusses the pricing of geopolitical risk in GCC assets, particularly focusing on Saudi Arabia. It examines the impact of sovereign credit rating changes on the market and funding costs. The performance and expectations of Saudi banks are analyzed, highlighting the influence of interest rates. The video also reviews the Saudi corporate sector, noting the state of corporate profits and market valuation, with a focus on the consumer sector.

What are the implications of the recent sovereign credit rating downgrade on the market?

What is the outlook for consumer sector profits in the Kingdom as discussed in the text?