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03 May 2020
Monthly Newsletter - May 2020

"Talk of the year ahead and the devil laughs." - Japanese Proverb

“Shallow men believe in luck. Strong men believe in cause and effect.” ― Ralph Waldo Emerson


Clues from Recent Asset Classes’ Behavior

Macro: A Deep Hit to Economic Outlook… Observing Key Data

Oil: After the Drama… Looking for an Inflection Point

MENA: A Look into the Sovereign Bonds Universe of Oil Exporters and Importers