"...if you want to get an idea of where the markets are heading you need to watch credit."
"Europe is broke. Its bond market is non-functional under a negative interest rate regime."
"Rappelle son opposition de principe à toute perspective qui aboutirait à réserver un sort spécifique à la question de la pêche, sous la forme d’un « Brexit » sectoriel, dont les premières victimes ne manqueraient pas d’être les pêcheurs de l’Union..."
"Stocks are overvalued, trillions in sovereign debt trade with negative interest rates, corporate credit, both investment grade, and high yield seem to trade with far more risk than return, and so on. However, as investors, we must ask, can we dig through this muck and find the pony in the room."
"Although the global financial sector is primarily influenced today by New York City and London, it seems that perceptions are shifting."