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Monthly Newsletter (May 2019)

“A wise man will make more opportunities than he finds” ― Sir Francis Bacon

“Nobody got anywhere in the world by simply being content” ― Louis Dearborn L’Amour

Clues from Recent Asset Classes’ Behavior

Macro: A Fragile Recovery

Oil: Supply Shortage and Timid Demand

MENA: Focus on Domestic Plays Amid Trade War Rhetoric

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