upgrade

Key Calls (Thursday): Upgrades, Downgrades & Initiations

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saudis

A Tragically Terrible Joke

As you may or may not be aware, Saudi Arabia and a Sunni coalition comprising the usual suspects has been at war in Yemen for two years now. “Operation Decisive Storm”, designed to retake the country from the Iran-backed Houthis who quite literally drove Abdrabbuh Mansour Hadi into the Gulf of Aden (he fled on a boat), began in March of 2015 and it’s been a sh*t show ever since.

lepen

“Le” Screwed: Markets Nervous Ahead Of Fed Minutes As Bookies Put Le Pen’s Chances Even With Rivals

“Good morning.” And also: “I told you so.” This whole idea that because Marine Le Pen is a “known quantity” in French politics we can all safely assume the polls are right and she won’t win the presidency has always been bullsh*t. The global populist uprising is to a certain extent a self-fulfilling prophecy. It’s…