Dubai stock market down -7.6% today (yes, they are open on Sunday). Saudi Arabian equities down -3.3% and Abu Dhabi down -3.6%. More talk today out of OPEC that there will be no production cutback and the market will correct on its own. Translation: someone else is going to cut back.... who ever feels the most pain first!. Where is the pain going to be felt first? Based on this nifty little chart published by businessinsider.com, it looks like Canada and then the U.S.