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01 October 2019
Monthly Newsletter (October 2019)

“It is better to fail at originality than to succeed in imitation” Sir Francis Bacon


“No, your job as a leader is to inspire and to galvanize, not to share your distraught thoughts. You make your people dispirited” ― Lee Kuan Yew


Clues from Recent Asset Classes’ Behavior

Macro: Green Shoots Do Not Look Sustainable

Oil: The Aramco Factor

MENA: Egypt’s Macro Story Still Resilient