John Murphy: GLOBAL MARKETS DROP ON DUBAI CONCERNS — STOCKS AND COMMODITIES DROP WHILE THE DOLLAR AND BONDS RALLY — SO FAR, NO SERIOUS CHART DAMAGE HAS BEEN DONE — BUT A MORE CAUTIOUS TONE IS WARRANTED

An attempt by Dubai to delay debt payments for six months has rattled world markets. Most global stock markets fell on Thursday while the U.S. market was closed for the Thanksgiving holiday....

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