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In "Apparent Sign Of Support" Obama Has Phone Call With Macron Days Ahead Of Election

In what Reuters has said was "an apparent sign of support just three days before the first round of an uncertain presidential election", French presidential candidate Emmanuel Macron - and the market-friendly candidate preferred by Europe's establishment - spoke with former U.S. president Barack Obama on the phone on Thursday.

Crispin Odey: "It Feels Lonely Being Bearish"

Crispin Odey: "It Feels Lonely Being Bearish"

In Crispin Odey's latest letter to investors, the billionaire hedge fund manager laments "how quickly everything has changed", notes that "without the reflation fireworks, equity markets feel vulnerable", and concludes that while a year ago it was easy to be bearish - China was slowing, world trade was creaking, Europe was not recovering and the oil price was hitting new lows - "a year later to be bearish feels lonely, despite the fact that the reflationary story of the past year looks difficult to sustain and auto loan lending has joined a long list of risks along with Trump and Br

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