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News Link • Events: America

Blain: "What We Saw In San Francisco Was Frightful"

• https://www.zerohedge.com, Tyler Durden

Reason for catch up is I've just spent a week with 300 or so like-minded bankers, brokers, fund managers and tech-experts at Interbourse; the largest annual Ski event across the financial services sector. It's been running for over 50 years. All the major markets were represented – and aside from great skiing in Squaw Valley and Alpine Meadows, California, there were some great (liquid-fuelled) discussions on markets. The 2020 event will be in Switzerland.

Let me sum up the week with some of the strands of opinion heard in the resort:

The Europeans don't understand why the UK is so keen on Economic Suicide via Brexit. The Brits don't understand why the Europeans are so keen on the EU and Euro.

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