QUOTE OF THE DAY

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April 9th

"Lyft and Uber look more like philanthropic organisations, extracting money from rich VCs and subsidising urban transport for millions of users."

FT  


April 9th

"Underwater cables are part of our critical infrastructure and essential to the global economy. The US must protect the integrity and security of them as surely as we provide international freedom of the high seas." 

US Admiral quoted in BBerg article on Chinese investments in undersea cables.



April 8th 

 “It is part of the job description for every French president to humiliate the Brits,” says one senior EU official. 

FT 


April 3rd

" After the disaster in the fourth quarter, the first three months of 2019 were surprisingly favorable for companies to issue debt. Any corporate treasurers contemplating coming to the market ought to accelerate their plans before investors go on strike. "


Marcus Ashworth, Bloomberg..

https://www.bloomberg.com/opinion/articles/2019-04-02/beware-the-buyer-s-strike-in-european-corporate-bonds 


April 2nd 2019

"Americans would Run out of Avocados in 3 weeks If Trump Closes Border.. You couldn't pick a worse time because Mexico supplies 100% of the avocados in the US right now" 

Zerohedge