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France's 10-year real yield has surpassed the US. ECB is trying to sit this out, but that won't work. My best guess is it'll activate TPI for all except France, but France is too big to successfully ringfence all others. My roadmap for how this plays out:
https://t.co/baRf64PJ1i
Les marchés valorisent désormais la dette française comme celle d’un émetteur noté BB+, bien en dessous du rang accordé par les agences de notation.
"Welcome to junk bonds" (obligation pourrie en bon français) !
In the UK the number of cases rose rapidly.
But the public – and authorities – are only learning this now because these cases were only published now as a backlog.
The reason was apparently that the database is managed in Excel and the number of columns had reached the maximum.
@Iberia We have an important appointment at the hospital in France, and @Iberia_fr Iberia won t let us change our flights. This situation is unacceptable. We are desperate. Please never use this company again.
Top4 take-away from my reading #shoedog - @NikeUnleash
Nike's success has been build on:
- very good products not on brand
- influence people with great athletes > advertising
- commitment to excellency - always go 110%
- an iconoclast team, moved by one single belief