“Has The Whole World Gone Crazy?!”
In the immortal words of Walter Sobchak:
Has the whole world gone crazy?! Am I the only one around here who gives a sh*t about the rules?!
It wasn't 24 hours ago when I observed, with more than a little alarm, that French IG corporate debt comprises nearly a quarter of the € IG market. So what that means is that if you're in € IG credit, you have to figure out how to hedge something like €410 billion in French corporate debt against a possible redenomination event thanks to Marine Le Pen'
Who are these people?? They aren’t this stupid, or are they? In that case have another shot but do at home so you don’t anyone else with you.