Open Sesame

By |2014-09-21T15:58:49-04:00September 21st, 2014|Bonds, Commodities, Currencies, Markets, Stocks|

Open Sesame is, of course, the phrase used by Ali Baba to open the 40 thieves' cave and plunder their riches in the Arabian Nights tale. It would seem an apt phrase to describe the frenzy surrounding the IPO of Alibaba, the Chinese internet commerce firm that floated shares in the US last week. Certainly early investors in Alibaba reaped [...]